Build relationships with investors, create a safety net, and consider house hacking with roommates.Good luck!

Finding a short-term rental (STR) that works with a mortgage is achievable, but it's essential to start by working with an investor-friendly real estate agent.

I agree with the comments here, 1 year is fine for bank statements, you essentially just want to see cash actually hitting accounts.

Until you exercise that option, you are essentially just a renter.

Essentially, this follows the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) method, but with the twist of continually developing more homes on the same piece of land.Do you think this strategy makes sense?

Here's a potential path forward for you:Get Detailed Bids: First, it’s essential to get more accurate bids from licensed contractors for the remaining work, not just a range.

So essentially as an OOS investor I'm stuck as far as registering goes at the moment. 

Also, remind them this is coming from a safety measure for everyone wellbeing due to the climate of crime near our homes. 

An architect adds an expense to the job but as I have learned is essential to getting the finished product you are expecting.

The purchase prices, lease rates, asset quality and neighborhood safety are not aligning.