How does it not affect your DTI unless you don't report it on an application; wouldn't that be fraud? 

This includes restrictions on property use, rental regulations, and any upcoming changes in the area that might affect your investment.Patience Is Truly a Virtue:Real estate investing is not a get-rich-quick scheme.

Add 3 more months of monthly expenses ( including utilities, insurance etc) to cover the vacancy of potentially distressed property. 

If your long term goals include investing, this is a great opportunity to start, with a property you already own.

Including the guru or person offering this program. 

Not sure what else should i include in the monthly due.

I've read the reports that talk about the permits pulled recently and overbuilding of multifamily, but I can't find whether those are big complexes or smaller. 4 units and less would qualify for residential financing, but is there a reason that I can't find anyone else building these?

This could include offering special discounts to guests at nearby restaurants (easy to execute with a QR Code), collaborating with a spa for guest packages, or sponsoring events that cater to your target demographic.Finally, don't underestimate the power of local art for retaining guests. 

This would include buying any property as both property types are well over this limit for useful life.

They were listed as an operating STR with furnishings included and seemed to be based on a multiplier of past revenue.