Airbnb is very stringent on making sure you have the proper documentation for any damage requests. 

You can still tap into equity of your principle residence needed through a second mortgage or in some cases financing strictly based on the investment property itself. 

Any advise on any of these numbers or whether I am calculating this properly.

I would like your opinion on whether it would be better than finance the whole purchase with a HELOC from my primary residence or only get the down payment from there and get a traditional mortgage for the rest. 

I've spoken with a few mortgage lenders about FHA and conventional loans.

With multiple units, you can collect rent from several tenants and this can significantly offset your mortgage and expenses.

I would never advise a client to buy a LTR if the LTR income doesn't cover the mortgage balance.

.: Subject To and Wraps are very similar and yet, very different.Subject To & Wraps share these characteristics You are taking over payment of the mortgage and transferring the property into your name You become the owner The loan does not get paid off The lender can and sometimes will call the Due on Sale You have to have money or credit to solve a Due on Sale call They are used when someone doesn’t have much equity and doesn’t want to pay a real estate agent They are used when the seller wants to sell fast They are used when the property isn’t really a good candidate for the MLS because of the condition of the property They are used when It’s a unique property and it’s hard to find comps They are used when it’s a distressed situation that needs to be resolved They are used when the monthly payment is below market rate (that means it cash flows) They are used when the seller wants to avoid the hassles of listingSubject To & Wraps Differences In a Subject To, NO new mortgage is created.

I own a property mortgage free.

Zero credit facilities or mortgage options and investor lethargy.