If you want to invest a privately owned firm may be the way to go as they have less of a corporate structure setting restrictions on you.

Hello BiggerPockets Community,I've been consuming a lot of content from the BiggerPockets books and website recently, especially about networking and building your team, but until now I feel like I am stuck with a chicken-or-egg problem: How do you start building your REI network if you have limited experience and resources?

By living in one side and renting the other side you're setting yourself up to be able to take part of the gain tax free when you sell. 

.- I have the skill set to do majority of the work - the numbers appear do work well as a STR- the property has sat on the market for a long time (100+ days)- I am assuming material and substrates will cost significantly more then doing the same work in the lower 50 states.- the topics I search on BP appear to all be pre/mid covid, and have some recovery discussions post Irma.

What’s the first few things I need to do to set up a digital Marketing Funnel in order to generate leads?

Did you set it up yourself - or hire someone to do it?

Are you going to go there to find a place and get it set up?

.-40 to 43% DTI is usual limit for most lenders.

The banks have levels set in place for reduction of 10 percent only every 30-60 days, and sometimes not at all when the volume is higher.This is because an REO has already likely been through an attempted short sale on the market, a courthouse steps auction where the upset value was too high, and now it is the last gasp, but banks don't care.

I'm not sure how I'd make any decent returns with that limited low income clientele.Then I'd look at the supply.