My partner and I have many years of experience owning and operating hotels in this market and are approved by Marriott to manage this project.

The 8 mos isn’t quite long enough to utilize just the STR income to qualify but many lenders allow AirDnA projections to be utilized as the income to qualify.

Full disclosure: I’m a realtor and property manager and have been helping my clients buy these and then I take them over for management after they close. 

We have an S-Corp that manages both LLCs, so I can take payroll and contribute to retirement accounts. 

I would essentially need a partner for this little project, the zone is an R16. since I'm new, I barely know that r16 is a single family resident, zillow says potential subdivision.

I just graduated college and I start a new job next month as a Project Engineer for a multifamily construction company.

I decided to get a job as a property manager.

Additionally, the management of a bigger property does not linearly grow -- what I mean is that a 12-unit building doesn't require four times the management of a 4-unit building. 

While specific rental data might be scarce on platforms like Rentometer, local real estate agents, property managers, and online rental listings can provide more accurate rent rates and market trends.

Keeping your payment in the range of rents (allowing for expenses a homeowner will pay and a tenant doesn't) tends to keep owner-occupants on track.Your attorney or an attorney-owned title company can create the docs and manage the closing.