I myself am a Medical Device rep who has recently relocated to the area.

My lender instructed me that being 'self-employed' for less than 2 years that Fannie Mae and Freddie Mac as well as all conventional loan options were now out and that a portfolio lender would be the only option to make the deal work.

They said they saw one of my devices.. somewhere...I wanted to share this with you all...Many of you do this for financial freedom.

Ask specifically if they hold the loans in house, or if they need to be Freddy Mac/ Fannie conforming loans.   

That is because they are highly mechanical devices.

I like the cloud based option better and we use Mac exclusively so rent manager seems out unless it is absolutely the "way to go".  

., loans that conform to the Fannie Mae and Freddie Mac rules, are available for investment properties. 

Turn you idea into a real system or device or whatever it is and get it patented. 

@Kevin Hassold These are not Texas rules, they are Fannie Mae and Freddie Mac rules.

Be aware that commercial loans operate differently than regular Fannie Mae/Freddie Mac loans as the rates are higher and terms less favorable such as a 20 year amortization and 5 year balloon for example instead of a straight 30 year amortization loan.