Investment Info:Single-family residence other investment.

If so, wouldn't most conventional lenders want to see a longer history of rental income to qualify?

It is not going to be our main residence and it will be a rental property for a few years before we sell it.

Investment Info:Single-family residence buy & hold investment.

Look into setting an S-corp to potentially reduce self-employment taxes and Section 199A qualified business income deduction

Ask your CPA.If yes, then we can help.We only invest in Greenville County which you as a resident know is BOOMING.Let’s us know how we can help.Arn

You have to kind of buy as the momentum is driving it that way but not at the peak of it, weather the mark to market volatility that comes with it, manage the physical risk that comes with, and reap the blow out rewards that eventually will come if you bought in the right areas.If debt is cheap it makes sense spread the risk around cause your floor is a lot lower, if debt is expensive it makes more sense to own it and and actually qualify your risk in areas that demand is still high, and supply is getting constrained and force more pressure on it. 

As an 18 year Hawaii resident, the article misses a lot of the subtleties of vacation rental ownership.

A little update on my property, I did purchase that property back in September, but it turned out to be Single Family residence out in Frankford.

The plan is to sell primary residence in order to have the equity in cash and utilize that cash to fund the multi family purchase and have operating capital.