If you purchase a townhouse/condo that only sleep 5 or so people you are competing with hotels.2023 was not a good year for the market.

Real estate is an in-efficient market, that's why banks require 25% down - that is deemed a sufficient buffer in case a property has to be liquidated.

They often work long hours too and primarily come back to sleep so we get nicer mattresses and linens.

On the loud music, you have to be able to knock on their door and say, "Listen, the music is so loud we can hear it through our walls and we can't sleep... you're going to need to turn that down after 9pm... or whatever the right answer is to you.  

I agree, not all felonies are created equal, but having said that the fact that his second one was 5 years ago makes you wonder what it was for and how many times he did not get caught.If it was me, I would hard pass, just to sleep better at night

I have tier 1 credit and according to the bank there's roughly $140,000 in equity in my home, but my debt to income ratio is not sufficient. 

They're sleeping, on a Zoom call, furious at me, or worse, outright refuse to let me in.I'm a Realtor, investor, and property manager.

She's rarely there and when she is, she's mostly sleeping.

One piece of advice I would recommend if you want to go FHA is getting to understand the self sufficiency test for 3 and 4 unit buildings. https://www.newcastle.loans/mortgage-guide/fha-self-sufficie... 

Without knowing more about the location though, if this cabin has direct water views and is able to sleep at least 6 people, a fully renovated version of your cabin could probably pull in at least $600/night in the summer without much effort.