Consider working with a lender to get pre-approved for financing, as that will give you an idea of your buying power.

. $100 for a lease and several other documents, written by investors and attorney approved for your state.

What happens if you have to go get your project approved by the local ANC?

CMHA also approved a substantial increase in the section 8 rents.  

Your property might be legitimately worth $1,500 and the tenant qualifies for $500 in assistance, but can only afford to pay another $500 for a total of $1,000, they won't approve $1,500.Unfortunately, you can usually only find both of these out when you have an application and lease signed from a prospective tenant and submit it to the local housing authority.

We also have a strict policy that anyone 18 or older living on the premises must be properly screened and approved. 

Every adult residing in your rentals should be screened and approved by you.Criminal history is not an automatic denial, but you should definitely consider risk.

As long as it's approved for STR use then I would go this route.1) Buy nice once and never buy again.

Contact local lenders, mortgage brokers, or even credit unions to understand the current rates and what your approval chances look like.

I currently sit at $258K to go on the mortgage and did this through a small bank, which I believe approved me for such good financing at the time.