RegardsYou can easily structure this scenario on a DSCR based loan and have the loan guarantor with the highest score be the only person to qualify while closing in an LLC owned by you and your wife. 

Check this letter written by an Attorney General wherein he reverses a public records request denial based on exemption from disclosure.

They have plenty of military bases in San Antonio I think it would not be too big of a challenge to get renters.

My agent says that there is a clause based on which he can dispute it and then the EMD stays in escrow for 2 years.Is the seller allowed to refuse to sign the release if he has no reason to base a dispute on?

You will know automatically if the lender is trustworthy based on client remarks and closings. 

STR that do the best have a target audience based on the the surrounding options that improve the vacation experience.

Based on geography alone, I am sure Philly has a very long, difficult and expensive process involved in removing these people. 

. 😊  I've been thinking more about your question based on my LA experience, and some great advice I've read from three days of lurking here on BP from some RE veterans, based less on my fantasy but more on what I would do with your idea to start out at 1.5 and move into 3-5 million houses.First, it's all going to come down to your goals, here's a quote about that from Don Konipol (from the forum post https://www.biggerpockets.com/forums/519/topics/1150499-the-...Quote from @Don Konipol:IMO, the financial reasons for investing in real estate include 1- Asset Preservation2- Increase Wealth3- Current Income4- Tax MinimizationWhile these four are not mutually exclusive, the more you benefit in one area the less will be the benefit in the others, given normal market conditions, unless you uncover something everyone else has missed.

Underwriting is primarily based off of the property not the borrower. 

Furthermore, based on it's location alone, this property could be sold to a developer because of the unique zoning that has no limit to the building height built on the lot (!!!).