As others have mentioned, an LTR seems to be a smoother gateway into investing.Have you been working with any local experts in the area (realtors, lenders, etc)?

In the same boat here as I’m about to close on a home on Friday and would love some recommendations for someone to help me with this as well!

Holla if you need help fleshing out your dream.  

@River Sava may be able to help you as well for financing options.  

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You'd likely need some help navigating the short term rental permit process.

They seem to be more SFH but it will be good networking and learning I’m sure. got my LLC made and am ready to get my first property so any help is appreciated!  

Since I'm not familiar with the area, looking for any info that will help me make the decision to purchase or not.

Thanks all for the help.  

Despite good valuations on the appraisal, traditional banks were only willing to lend construction debt 70% LTC because of the commercial exposure with a 4% year one pre-payment penalty and an interest rate of 9.5% as most bank construction debt is currently priced whereas I had an alt. lender willing to go to 82% LTC at 12.25% interest and no pre-payment penalty (the contract price was $1.73M and appraised for $2.1M which helped with the leverage).