Is it a gut rehab or light renovation?

I partnered with my brother and used traditional financing, so it helped being able to split the down payment.

I’m relatively new to the idea of investing in real estate because I’m going to be the first in my family to choose this path over the traditional factory 9-5 job.

You want to do something to get started.But, here's the thing, STRs are a mash up between traditional rentals and the hospitality industry.

You can have several lenders make a single loan and each have an undivided interest in the note and lien secured by real estate.My private lending package consists of a deed with vendor's lien, promissory note, deed of trust (Texas), a business purpose affidavit or personal guaranty, lender's instructions to the title company (because I only represent the lender, even if the borrower is my initial contact), and letter of non-representation (explaining that I work for the lender and paid by the borrower).The State Bar of Texas encourages its members to educate the public on areas of law, and in that light, this is for educational purposes. 

there's other techonologies that allow you to build without traditional stick build methods but not commonly adopted yet.

@Thomas JohnsonSide by side is more traditional.

Traditional financing, but I was able to secure a 15% down payment on an investment.

Here a quick tip for when you are interviewing companies ask them this question "what are you steps to address a broken hot water tank"If they answer, send a plumber out and address the problem, you know they'll charge you an arm and legIf they say, they'll walk the tenant through trouble shooting steps like resetting the pilot light, you know they'll save you money 

@Steven Wilson Thank you for sharing the the HML contact with me, ill be sure to check them out.They are really good with long term products, but dont expect it to be any easier then a traditional lender.