If you have a history of having rented the property by the room, a lender will very well look at the rent you have gotten and lend based on that (or at least the DSCR won't reduce below whatever LTV is offered on the appraisal).

If you're local housing authority is decent to work with and you screen your people well section 8 can be a win for everyone. 

House would purchase for 30k I'm a contractor as well reno for 25k - 30k so 55k- 60k total investment and property value of 100k after reno.

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 check the thread that you provided me.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

We have not pulled the trigger yet with them, but I did find a close circle friend that has used them in the last few months and it went very very well.

I loved Spain when i visited there and there was no shortage of people visiting which provides an opportunity. 

Agents are able to pull demographic reports for a specific address for you as well.

It's been going well.