You don't have to do anything with the money and there's no time limits or anything.2.

This will negatively affect both your DTIs and stack your conventional loan limit(10 per person).

I don't observe too many people buying multi-family in the Bay Area with our rent control laws but there are deals here. 

(Don’t wait—spots are limited, and the challenge starts January 30th!)

Dan makes a great point - you want to be clear of any areas that are working on limiting the ability to rent OR cap your rental potential.

There are a very limited and reliable few of lenders that do true DSCR 2nds.

What is their federal lending limit?  

It’s a bit like collecting fine art; a limited supply of desirable jewels that an ever growing coterie of new wealth wants under their belts. 

And if they're valuing furnishings realize if the house is only marketed to a STR; then it limits the pool of buyers.

Great hosts will be good neighbors, will contribute to local tourism and will pay their taxes and permit fees* A major area to improve on the proposal is the 1 hour time-limit for resolving complaints.