Amortization length along with any DSCR requirements comes into play also to determine what kind of down payment requirement you may have to meet. 

I was in the military ( making me a veteran now) and during my time in I shared all kinds of living conditions with strangers and friends.

You are very detailed about your complaints, but never mention basic important details such as what kind of rental agreement was given to these tenants?

Otto, in my opinion the kind of ROI you’re talking about is well worth the “risk”.  

just to be candid, unless you're using some kind of creative strategy... you need a really solid amount of cash including reserves. 

It would be great to hear about any unique experiences that might resonate with the community.It’s fantastic that you’re open to answering architecture-related questions—there’s definitely a need for that kind of expertise here.

You cannot get any meaningful answers until you specify what is your "side gig", how much money it's going to bring and how much expenses it's going to incur, and what kind of expenses.And, as a rule of thumb, unless you clear $50k after all expenses, you probably will not benefit from any entities tax-wise. 

What kind of project are you working on?

And any that ask for any kind of commitment fee up front thats a fake lender.. two big national lenders are Kiavi and Lima one these are direct you can start there and they are very transparent with what kind of experince you need and pricing. this is what market pricing will be..

These properties today can throw cash like crazy, but you'll be dealing with a certain kind of tenant and depending on your tenant screening could be looking at higher costs due to poorer tenants.