That is because you won't even consider the homes that are bad for this type of living situation.Depending on purchase price, I cannot guarantee that you will make enough to cover the entirety of the mortgage.

Both banks and credit unions are good starting points, as they can offer different types of financing solutions that might suit your down payment goal of 15-20%, but the chances of getting 15-20% are limited as 25% is more likely to open more doors for you. 

Taxpayer Advocate Services are a taxpayer funded group that are supposed to be the "watchdog" that helps taxpayers deal with these types of issues with the IRS. 

We don’t have any good examples of 4 bedrooms with that type of theming, but a nicely themed 5-6 bedroom in Emerald Island or WH should gross anywhere between $55k-$70k, maybe more. 

@Timothy Altman recommend you start by making an offer that meets your ROI target.The seller will probably reject your offer, but it opens the door for further discussions.You can then discuss alternative transaction types.

There are two types of investors here:1.

This would depend on your current LTV and the property type.

What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

I don't leave any liquid type food things like ketchup, hot sauce, mustard, mayo or anything like that.