Also, he already got an offer for $1.1M and the arv for the area is about $1.2M so there's not alot of room to force appreciation, the only benefit is that I will be able to get a property without being approved for a mortgage and hopefully no money down.

Impact on the block and appreciation.

If you have heavy turnover of mostly loud airbnb guests and there is little privacy on the property, this could impact your LTRs.

Here's the benefits:Not reported on credit30-year fixed terms, whereas banks usually do 20No income, dti, or employment docs neededSince it's not on your credit, the loan doesn't impact your DTI

I am not certain on the law, but if in your lease it says something about force majeur, which may include major necessary repairs that cause them to have to move out, then you may be fine.

It would give you the opportunity to move into it force some appreciation since that seems to be what you are already planning to do.

We work out of Washington that does not have state taxes. We are looking to invest out of state in USA for remote investing with Roofstock.What should we keep in mind with respect to state taxes? For example, Texas do...

My wife and I are active duty Air Force officers and eager to use our VA loans/sink our teeth into REI in the states, but it feels hard from this distance.However, I think there could be some unique benefits to adding someone 16 time zones away to an investment team.

This is pretty much guaranteed to force rates higher as institutional investors will seek higher returns.

I hope you put it up somewhere where it can be seen everyday and that it has a really positive impact on your journey!