Hey Makani, you should check out DSCR loans, which are primarily for investment properties and focus on the property’s income potential rather than your personal income.

Co-living is how I went from renting a room, Delivering Dominos, no savings, and not being able to qualify for a loan to financial freedom & a $2M net worth in 15 months.  

Finally, even as the landlords cash flow increases, depreciation should keep a major portion tax deferred. 

We've utilized the VA loan for our current home, and this strategy has worked well so far.

More syndicators go out of business and wind up in foreclosure and/or lawsuits to enforce loan guarantees. 

Loan pay down and depreciation.

Are LPs entitled to see foreclosure, bank loan related docs?

Texas does have specific rules regarding home equity loans and cash-out refinancing (often referred to as "Texas Equity Section 50(a)(6)"), but these don’t prohibit homeowners from using funds for investment properties.

Give me a shout if you'd like a rate quote for your DSCR loan.

Even after one year, that property may provide thousands of dollars worth of appreciation, you will pay down your loan and build some equity, and you can depreciate the asset.