Hi Raj,Depending on the program you qualify for, lenders may use your personal financial statement - and thus possibly take your liabilities into account.

Are you looking into single family homes only, small multi families etc., how much cash do you have to deploy and what is your price range to purchase, do you want to invest locally or at a distance, what ROI are you looking to get on your investments and does the inventory in your market support that, are you looking for turn key or are you trying to force equity into the property, are you looking to house hack or are you doing a 20% down and rent it out right away. 

ie. single family, small multi-family, large multifamily?

Many of the managements of these resorts have pretty strict rules around use so make sure you take that into account.

The market is dynamic, and there are a number of things to take into account.

This is why I stick with single family buy and holds.

Good advice from @Nathan Gesner and Account Closed Also bear in mind that if you can find a current deal that makes sense, and will generate even a decent amount of cash flow right now.....then you can just about count on it doing very well once you are able to refinance.

If a single family house is in a B or C class neighborhood.

Real state sales is very tough as well. but if you put in the time early its get very good very fast.My wife in her early career was a single mother raising 3 daughters by herself.. now talk about hard.She was in a market of 50 to 75k homes back then.. she had to sell one a week and did do that for years. but very good at it determined and loved helping people find their homes. 

This is a single family home priced roughly at ~$100,000.