Due to my job, I have very little time to actively manage and am requiring everything from furnishing, renovating, and handling the daily responsibilities of managing a short term rental.

Heloc cannot be used as an asset or PITI reserves required when buying more properties.Rates having been getting better on primary COR as well. 

The specific property I am looking at is very remote and would require on site staff.

Pay Attention To Your Credit Score Although we don’t have any income requirements, we do want to know that you are on solid financial footing.

Pay Attention To Your Credit Score Although we don’t have any income requirements, we do want to know that you are on solid financial footing.

It's a new way to build websites, it does require some developer knowledge.

Given you have experience with house-hack it may be a good option to look elsewhere.I'm also curious as to whether you are considering other creative options like short-term rentals, mid-term rentals or working on projects that require more rehabs.Best of luck!

Since LA has banned STR for more than 90 or 120 days, requires one to live in the property for 9 months or so and ADU's or guesthouses cannnot be used as STR, how does a host pass the Material Involvement test?

Working with distressed homeowners requires grace and patience. 

You’ll likely have a lower down payment requirement (I am sure you will but as an attorney I am always skeptical of making and relying on definite statements, especially where I don’t know all the relevant facts).