Even with 5% conventional, you still have to pay PMI until you reach 20% equity or auto cancellation on 78% LTV. 

Ideal scenario is a place where I can live in the unit but also spend the next 1-3 years remodeling myself and then sell &/or rent the property after. 

Net equity isn't >20% but the job and rents are stable, so it's just a waiting game.My personal cash flow and DTI is decent enough to where I believe I can get another mortgage for another piece of property - and ideally have it generate rents to cover the majority of expenses, or better.

Hi @Sonam Gill, I would 100% go 3 bed, 1 bath over 2 bed, 2 bath. 3bed/2bath is ideal, but if you can't get that then definitely go 3/1. 

Once you have found your ideal base rate, the tool will increase your rates according to demand, and do last-minute discounts etc...The most valuable feature for me is the ability to dynamically adjust your minimum stays to close gaps or to get extra bookings when time is running out.

@Jerry Stevenson I was an auto mechanic and about 26 years ago I bought my first property.

Ideally I think MF homes would be a good place to start, but I don't think there is a market for MF homes in desirable areas in Houston.

We are a major destination for sporting events (Phoenix Open, Spring Training Baseball, as well as NFL/NBA/NHL), lifestyle and events (Barrett-Jackson Auto Auction), shopping, dining...you name it.

Ideally 20k/month in passive income in locations that I know very well (Cleveland, AZ, OIB-NC and San Diego) and will not go beyond my area of expertise at this point. 

If you put together good systems you can avoid that somewhat, but I can say that I deal with more problems on my one property in a C class neighborhood than I do on all of my other properties (which are in B class areas) combined.