And it also doesn't help that we're putting tarriffs on a bunch of key materials (steel and aluminum) which is going to drive up the price of materials yet again. 

They say if you join their program they will mentor you to help you find land to put under contract with a seller and then find a builder to buy the land and reassign it to the builder.

@Jay StraderI'm wondering the same thing - I had an attorney review the contract & basically all it said was invest at your own risk.

But any improvements are at your risk.. the redeeming party just owes you your cash plus in our state 9% and any VERIFIABLE expenses you paid to protect the asset.

You can literally search keywords on Zillow and put in furnished and short term friendly or furnished and Airbnb and see what pops up.BH

This was taking on suicidal risk to begin with, and it's just going to get worse.

Lastly, they’re going to want a higher interest rate than they can get from the bank for taking the risk.

Though this property had some challenging tenants and plumbing issues, it paid for itself and put a little cash in my pocket every month.

If you're house-hacking, you can put down as little as 5% (or even 3.5% for an FHA loan).

Even if the rental has a decent cash flow with additional flood insurance, we're still not sure we want to take on that risk as we are out-of-state investors (planning to move back to KY in the future, but not now) and we don't like that it will potentially bring down the perceived value when we try to sell it in the future.The seller has never lived there and has not provided any information on if it has flooded before or not.