Many probably are.Just be careful about getting sucked into a new career and not having the time/energy left to invest.

Some tips:1.

It's a calculated risk that could lead to substantial gains but requires careful planning and risk management.

Make sure you have 1 person units and allow pets.Hi Kathy,Thank you for the tips/ advices.

DTI is crucial for these products even if you can get a higher LTV product if you can't meet the payments all the regulators don't care about your equity position.   

As a result, I'd be careful about continuing the rehab until the problem is resolved.I recommend you talk with a good real estate attorney and get some actionable advice.

You need to word your lease carefully.

@Angelica Valde let's assume for a moment that the loan won't care if you re-zone it after closing (which is the most likely scenario)...how would you qualify for the loan when you refinanced?  

I mention them, if she cares to hear it.

Take care