With all my respect, most real estate agents have no clue what the laws are.

However, for longer-term profitability, flexible loan terms often have a bigger impact, especially with interest rates or repayment structures that align with your goals.

I always list my flips, but I have been investing for more than 30 years and licensed for more than 10.

I have a 1/1 and a 2/1 and although I'm seeing lots of different types of travelers, the ones who have been booking my place have all been traveling medical professionals.

They will generate a report to you based on their findings.Type 2 - conducted by an engineering firm where they will have you complete a questionnaire.The questionnaire will ask you details regarding the house and therefore, I would recommend having a home inspection or appraisal at the time of completion.The above two studies have pros / cons and differences in cost and turnaround time.Best of luck.

Quote from @Sushil Iyer: We have a SFH and a duplex that we own free and clear, and a duplex on which we have a residential mortgage.

That allows the payment to be low, manageable and easy to cash flow when you transition it into a rental.When you move out you will have more money in the bank, stronger assets, and be cash fluid in case you need to make an offer on more investment properties.

BiggerPockets Real Estate Podcast host @Dave Meyer want's to help our community learn by giving real life examples of deals folks from our community have purchased or are considering purchasing by reviewing these deals and walking through step by step how he would think of this deal!

Let me know if you have any questions about using the BP calculators I would be happy to hop on a zoom call and show you the analysis tools 

People have their own reasons for not wanting to use traditional banks, and I have mine.