Call the listing agent and build report, let them see you are a pro and easy to work with2.)

Fees should be clearly stated in writing, easy to understand, and justifiable.

Hi Mary - your post is so succinct which makes for easy reading. ;-)Some things come to mind-do you host yourself, have a property manager or co-host, is your STVR dog friendly, do you have king beds, where is your market, do you have professional photos etc.

Without a solid plan, fix & flips would be huge gamble.

It is very easy to get a DSCR loan as a first time buyer.

I would outline your scenario to a few local mortgage brokers - with everything you've said this seems like a pretty easy deal. 

It’s easy access to the other neighborhoods   Lots of potential development space for bars and restaurants   Lake effect brewing is dumping money into a brew pub.  

Is there an easy way to divide the basement up?

I know this will be a trial and error for myself but if it was easy everyone would be doing it right.

You’re still a teenager so it is easy to see all these “gurus” talk about how rich they are and how they don’t have to work – don’t fall into the trap.