CMHA also approved a substantial increase in the section 8 rents.  

As long as it's approved for STR use then I would go this route.1) Buy nice once and never buy again.

We also have a strict policy that anyone 18 or older living on the premises must be properly screened and approved. 

Contact local lenders, mortgage brokers, or even credit unions to understand the current rates and what your approval chances look like.

Every adult residing in your rentals should be screened and approved by you.Criminal history is not an automatic denial, but you should definitely consider risk.

I currently sit at $258K to go on the mortgage and did this through a small bank, which I believe approved me for such good financing at the time.

We live in the greater Seattle area, WA, and just got pre-approved for a loan.

. 🎉 I’m still finalizing things with my lender, but before I move forward, I want to be 100% sure I’m covering all the key steps.Here’s the checklist I’ve put together so far:Home inspection – to catch any hidden issues.Appraisal – to confirm the property’s value matches the offer.Financing contingency – securing my loan approval without surprises.Title search – ensuring there are no liens or legal issues.Seller disclosures – reviewing any known problems upfront.Neighborhood research – making sure the area fits my investment goals.Are there any crucial steps I’m missing or anything you think I should focus on more?

University of Illinois Urbana-Champaign (UIUC) has seen record enrollment in recent years: it set its highest attendance in history, with over 57,000 students enrolled and in 2024 just had highest freshman attendance in history and keeps growing, Carle Hospital, Craft Factory (Warren Buffett approves), etc for diversity of economic drivers.

Do you have a pre-approval or cash ready?