My wife and I have obtained three traditional loans and one lease with the option to purchase, resulting in most banks turning us down based on debt to income (non-portfolio lenders). 

For example, will they look at the T12 (Trailing 12 months), or something shorter like a T6 or T3 (last three months).

Income: Verified monthly income must be at least three times the rent (minimum $4,200 combined).

If I were to sell my house I believe I would pocket around $130k.

The Austin metro was among the hottest destinations in the country for where people were moving last year, according to the latest annual ranking from U-Haul International Inc.Austin ranked No. 5 among the top U.S. growth metros in 2024, and Texas was the No. 2 state for move-ins — bested from the top spot after three consecutive years by South Carolina, according to data released Jan. 2 and Jan. 3.The Dallas-Fort Worth-Arlington area took the crown for the top growth metro in the recent list, followed by Charlotte, North Carolina (No. 2); Phoenix (No. 3); and, Lakeland, Florida (No. 4).

For Airbnb, do i allow STR stays for the next three months and then block out the calendar beyond 3 months for MTR stays?  

Hi @Jasmine Thermitus welcome to Bigger Pockets and congratulations on getting started on your real estate journey!

Here on Bigger Pockets, the majority of investors want to get the best return on their money.  

If you buy for $110k you can finance $88k if you come out of pocket for the $22k down payment plus closing costs. 

@Dennis Knapp - Bigger Pockets has a book called "Estimating Rehab Costs" that was published in 2019 prior to pandemic.