It is more expensive but may not require an appraisal and can close in a couple of weeks. if I can wait then I use the most competitive rehab. lender after obtaining multiple quotes. 

Hi @Frank Pyle,**I am not affiliated with any of the companies mentioned**To secure long-term financing for your Airbnb, look for DSCR lenders that accept pro forma income instead of requiring 12 months of rental history.

Vacancies, tenant turnover, or non-payment can impact cash flow and delay your plan.Time and Effort: Managing multiple properties, handling rehabs, and dealing with tenants requires significant time, energy, and expertise.

I like to think I have done ok. for me finding properties is sales - managing real estate and growing your company requires problem solving. 

If you give someone over 19% membership interest in the deal, the bank will usually require a personal guarantee from that individual. 

Lots of people who have trailers don't own the property they are on and sell them.As for the owner of the land expecting tenants to do repairs-there shouldn't be many repairs required to the land, just the trailer that is on it (which your grandmother owns and should be responsible for maintaining). 

I wanted to get back in the game again but don’t have much in reserves that most if not all HML require.

Piling on...all occupants who are 18 or older (or legal emancipated minor) should absolutely be required to make application. 

This figure includes allowances for heat, electric and any other utility that the tenat is required to pay and this is deducted from the FMR. 

Class A: around $250k each = $7.5 millionClass B: around $175k each = $5.25 millionClass C: around $125k each = $3.75 million- maintenance & tenant-nonperformance will require more unitsClass D: unlikely to work outSo, how are you going to turn $500k into at least $3.75M?