We used $100k of private money and the rest was personal cash.

If you are willing to do this over a long period of time, this can be a great strategy, especially in a low-inventory market.

I think this removes the mortgage from your DTI, but there may be a waiting period.

Id take maybe 150K and get a secured line against it and lend off of it.....then just let it snowball. then the rest just use it as downpayments to get you into deals and then refi with DSCR

There are two large community pools, which are heated during the cooler months, tennis and pickle ball courts.The minimum STR period has been reduced from a year to six months.

My first property was a duplex, and then a year or so later she bought her house, and we moved in together living in MIL suite basement and rented out the rest of the house.

Your personal loan has a 5 year balloon period.  

I’ve come to think of this period of my life as my real world MBA, and view my laundromat as a fantastic starter business.

Renting the home does not void eligibility for the exclusion but does require you to account for depreciation recapture from the rental period.

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.