Hi @Shawn Good my wife and I are in a similar position and would like to buy a STR in the fox lake area that we could also have for personal use as well.

I completely agree with your last sentence.

Hi Jerome - MTR is certainly one of the areas of lending that is still new and lenders are still adapting - probably going to run into trouble with more traditional and conventional lenders - which generally take a long time (years) to adapt to new trends like thisI wrote about this late last year as one of the developments to watch for 2024 - particularly how DSCR Lenders are approaching, which is likely the best bet for this investment type currently (but note not all DSCR Lenders are the same - so will need to vet and pick one that is MTR friendly and generally forward-thinking)What’s Next For DSCR Loans?

I'ma was getting burned out, and I started hating real estate.Here's the deal:67 Units, $12.2 million, 2019 vintage, mix of SFH & Duplexes.We bought this deal from the same seller who sold us a 62 unit last month.

Lastly, I don't know what your long term plans are, but having a house to return to in the States if your international adventures don't work as planned can be a good safety net for you!

I have a VA Loan on my current primary residence and its so hard seeing so much of my payment go to interest after being spoiled by my HELOC sweeps on my last 2 mortgages.

They all have their own separate oil tanks/electric meters etc. and there is well water.

IE; If you are looking at a P/L for last August, but annual property taxes are due November, you are not getting a good "monthly" snapshot.If this is due diligence, you will also want to verify the data being placed into revenue and expense.

Texas is indeed a competitive market, but with your background in IT and experience with stocks, you’re already well-equipped to analyze deals and make informed decisions.If you're open to exploring markets outside of Texas, I’d recommend looking into areas like Indianapolis.

By leveraging your experience as an appraiser and focusing on building a strong team familiar with the Charlotte market, you'll be well-positioned to start your house hacking journey.