To my knowledge, public schools in that county are poor so the property may be very slow to appreciate.It's a perfect area logistically, right in between Fort Lauderdale Airport and just a little North of Miami to keep costs down.

We are analyzing a purchase near Vista and our partner on this effort looked up the following:1. https://www.airbnb.com/rooms/14292365: Small studio rental in same area; historic converted carriage / barn = $100/night with 14 nights booked so far in May = $1400 for month2. https://www.airbnb.com/rooms/9351161: 2bd/1ba guesthouse same area; non-historic and bland = ~$95/night with 24 nights booked so far in May = $2280 for month3. https://www.airbnb.com/rooms/17674810: 1bd/1ba same area; non-historic but well designed = ~$90/night with 19 nights booked so far in June = $1710 for monthYou probably would want to do more similar analysis on Vista before proceeding with the STR route. 

When I say "big builders" I don't mean the publics--I mean the local guys who were the dominant players in the market either pre fire, or pre-market-collapse that have come out of retirement. 

So here we missed one payment in this example, but our credit report actually shows 3x30 day lates.Like @Harjeet Bhatti said, you're probably cut off from the gov't subsidized Fannie/Freddie stuff for an investment property for a year or so.However if you come across something, and it's such a screaming deal at that price that it still makes sense even with non-ideal financing (remember that if you have to choose between the two, killer price is better than killer rate -- as any successful flipper will attest to), there's a lot of "Alt-A" (once upon a time called "sub prime") that's come out just in the last year that's better than HML.

@Khristopher Burford Welcome to being ‘public’ on BP.

.- Look at the conditions attached to the TPM to see what the County is requiring in terms of public improvements. 

I also just replaced a boiler and instead of using their financing- I used the energy financing program through my power company- They have a 10 yr O% financing program and it’s even for non owner occupants.

Account Closed I just checked the public records it was converted from a single family, and now they are selling it for almost what they paid for it back in 09.

There are only 3-4 lenders that do this though (called a non-recourse loan). and you cannot co-mingle any of your personal funds to help the Solo401k buy a property. 

Since reading rich dad poor dad I have been reading non stop and listening to the bp podcasts.