We lived in a little apartment above the garage and rented out the main portion of the house. 

At one point, the borrower reached out directly and from then on I saw no reason to keep dealing with Safeguard.

why not develop something more proven like hotel on portions of it and make this a larger development and carve out pieces?

Since this is my first real reno, I will do a good portion of the demo but will hire someone to do reno so I can watch and learn for future projects. 

Conventional guidelines occupancy requirements are that you’re able to occupy the property for some portion of the year, during the first year.

I’m a 24-year-old living in South Jersey, and I'm interested in investing in properties around Philadelphia and the surrounding PA/NJ suburbs. I’ve taken care of all my debt and am pre-approved for roughly $220,000. W...

. - When you go to actually complete the application process and send them the link to complete their screening, another portion of applicants will evaporate. - Some of the qualified tenants will also just drop out because they found another place they liked better.

Or buy a single family and house hack bedrooms or a portion of that property. 

I used a portion of my entitlements to buy a rental I still own at my first duty station. 

If you don’t have a certain amount of funds set aside for these situations as well as your portion of closing costs and some extra reserves for once you close then you’re likely not financially ready to be buying things.