Alaska is on my radar due to the favorable taxes and high renter to owner ratio.

Class A investors see that strategy as less favorable.

I suspect your numbers work out so favorably because you may have a higher equity to value ratio than most just buying.  

You also get to keep the residential mortgage which has generally favorable terms right now and likely will not have a COA/HOA monthly fee which can eat up cash flow

If this owner (or any other owner) doesn't see the value in quality PM services, you're not doing yourself any favors trying to undercut the numbers.

But my math is telling me its far better to go with investment property for now, as all in favorable conditions.

We had one person who didn’t like it, but majority seem to favor it...they want to minimize their risk too!

@Brett EskewPrivate money like someone you have a relationship with would likely get you the most favorable terms.

WFHouston for the foreseeable future thanks to Covid and figured I’d continue building my investment portfolio here (bought my first property in NJ) since the market is way more familiar and favorable.

What is more favorable towards lenders?