Private lending is an alternative form of financing where clients cannot qualify for financing elsewhere.

As far as I know @Jessica Aldakar, you will have to reside on site in order to STR the others.Several other members have had issues even when living in another unit.

I'll be purchasing the STR about 600 miles from my primary residence.

Investment Info:Single-family residence fix & flip investment.

To qualify for a 1031 like kind exchange, both properties must be held for use in a trade or business or for investment.

If you qualify to be able to cover the mortgage alone, removing that person shouldn't affect your position.

If you have to, interview a couple until you find one that you "click" with. 2) Let that agent connect you with their network of investor-friendly lenders. 3) Meet with these lenders, have them talk over your finances with you and what loan products you would qualify for at the moment based on your income and assets. 4) Let the outcome of that conversation (#3) dictate your strategy moving forward and take your findings back to the realtor so you can craft a plan. 

I'd use that as some guiding principles for your questions in general.I personally think moving primary residences every few years is a fantastic way to start building a portfolio.

Some use credit to either qualify or to tier you (meaning the rate and points you are charged could be less with a 700+ credit score). 

If you have lived in the condo for 3 out of the past 5 years you can take advantage of the primary residence sales capital gains exemption and sell the condo.