Dan, a popular misconception needs to be addressed. 

.: Quote from @Dana N Johns: Hello ALL, My mother is 70 yrs old and she is fully aware of everything she has no health issues at this time.

Appreciate your thoughts, Dan  As a fellow introvert, id suggest private lending or sydication investing 

Welcome @Dana Brown !

Hi Dan - a lot has changed over the past couple years, DSCR has remained the go-to for STR, are you still in the market?

@Dana can you pm me?

Hi @Dana KelleyYes, it will cost you more for investment properties as it's considered as a higher risk to lenders.

Is it smarter to buy a 500-600k house in Dana Point, CA where I live so that the 2k in rent isn't going toward nothing, or is it better to buy the 4 4-plexs to get 2k/month coming in and continue to rent?

@Dana Yobst  Many times we have changed insurance companies.  

@Dana Haas Find the ARV and mark it up a minimum of 5% - 10% So, if ARV is $250,000 sell it on a Wrap for $265,000 - $275,00 and take $25,000 for the down.