The other options include: -moving into the property for a year to qualify for loan products such as FHA or conventional.

Guests love having the option to log in their favorite streaming service, so make sure guests have that available in your STR! 

I have a VA loan option from when I was in the military I have not used and have the down payment I’d need for our next residence so I don’t necessarily need to sell in order to buy my next house.

If that is the case, then your options to sand and re-finish are limited....the real wood part is only 1/4", if that, so the sanding cannot be too aggressive.

Based on your description I think I know exactly where you are and what your house should price depending on the finishes and furniture.

Thank youI am game planning for all different options here and there and hopefully it’s just slightly low cash reserve temporarily that makes me uncomfortable We live in very highly rated school district and my wife would kill me if we needed to move because of my decision on this purchase….. 

It's a crowded unit - a family of 4 in a 2 bedroom, with more furniture then I could have believed would fit in the place, so it's not easy to work around. 

@Abdullahi Mohamed @Osman KhanYes, investment residential real estate. 15% down payment. you cannot do BRRR completely since shariah law doesn’t allow one to acquire a cash loan with interest, so cash outs are never an option.

As noted above, these are usually geared away from investors if they are looking to increase affordable housing options, or focused on local investors who will then open them up for rent right away for the same reason.

MBS has to be attractive vs other options, as those other options gain in returns, this presses mortgage rates UP to remain competitive for those investment $'s.