While I don’t plan on flipping the house, I intend to use the property for short-term rentals (STR), and based on my research, it seems like it will perform well either as an STR or a long-term rental (LTR).Any ideas on how I can source the financing or recommendations for better lenders would be greatly appreciated!

There are wholesalers in every major city in the country and they are buying at 70% to 90% of value all day long, every day of the week.

Long story short, his crew blasted through the job in a few hours and the clearance test failed.

If the land is included with the mobile home, there are DSCR lenders that will be willing to lend up to 70% LTV as long as it is not a rural area. 

If you just want consistent distributions over the long-haul, you may want a more stable deal with a longer horizon, even though that may mean giving up the 20% return possibility.

If we hope to be in business over the long term, we have to establish "fair and reasonableness." 

Quote from @Srikanth Kumar: Hi Everyone,I’m relatively new to long-distance investing and am exploring the purchase of multifamily properties in Cleveland.

But yes long term I am interested in buy and hold single and multifamily. 

If you want to remain a landlord I'd hate to take a tax hit and lose out on a property with a long term tenant that is cash flowing.

Monthly payment is 1900 with a 6.5 rate and would rent for 2500.posted in another group but realized it was the wrong one Keith, as long as your true intentions are actually to rent it out and you get a signed lease this 100% can be a DSCR.