I recognize that coastal invites a whole number of issues regarding insurance, so if we can keep the markets to "coastal, but not TOO coastal", that would be preferred.

I would also recommend reading the Wealthy Barber or another traditional financial planning book like that because even though you have goals and plans for real estate investing/income it is important to recognize the need for traditional planning as well!!

This might take a few minutes for me to explain but I hope this lengthy of a response will help  you in finding the right lender for you.Investment property lending has 2 main types of loans:  "Conventional" and "Portfolio"Conventional - I want you to think of this loan type of Fannie Mae and Freddie Mac (if you recognize those names).  

I recognize the opportunity to find the market and then use neighbors and enemy method to find people to clean and do maintenance and create your systems, but you still have to get down there to see the property and furnish.

A lot of counties simple don’t “recognize” the short term rental model yet.

They get upset when they don't recognize help.

Recognizing the need for more stable long term sober housing.

If you recognize that the first property will likely not be a rockstar property, but the lessons will be extremely valuable for the rest of your career, I think you are on a phenomenal path!

But the market recognized the need for housing and other apartments and condos were developed so the competition for students increased. 

Appraisal $2,000Storage build is $500,000 less cash out $330,000= $170,000 loan for Storage.Interest rate- 4.5% deductible, non-SBA.Appraisal- $2,500Problem 1- You probably didn't recognize, but now you have two loans with two different banks.