I've depreciated it over the years so it's been a good investment for tax purposes and we've also leveraged it previously to purchase another rental before we refinanced it in 2021 at 3%.  

the buzzword  is diversification - but with the purchases I made at the time - real estate far outperformed the stock market.  

Borrowers with higher capital reserves or equity in other properties could explore an all cash purchase.

I am in the process of purchasing my first STR.

I purchased my first primary residence which was a 2 bedroom townhome out in the valley. 

The market rent puts all three together at approximately $2900 monthly.Costs behind the acquisition:Property taxes: $5000 yearlyInsurance estimate for all three: $3,300 yearlyC-class properties (not best location, their condition is about average - older properties)Purchase price: $250,000k$15k down and $235k seller financed at 6% interest for 30 years. 5-year PPP.

Also, I know that by law real estate agents have to disclose if things on a property are unpermitted to allow the potential buyers a chance to back out of the purchase if it's too costly & the real estate agent who sold my friend this property didn't say anything about any of the 3 out buildings that are on the property.

I am looking to purchase another primary residence after my 1-year mark however, I was wondering if lenders will be able to use my Airbnb income to help qualify for my next purchase?

Why do you think purchase contracts are so long and have such small print?

The property I’m purchasing currently has a fence on 3 sides, but no gate(s).