@Marcel Johnson @Rick AlbertOn Tuesday May 14th we're hosting a meetup in LA which will feature a guest speaker, CPA Edward Markaryan, who will be going over Tax Strategies for Short Term Rental owners.  

I would reach out to an architect. 

I wonder if you got in touch with Amex and verified everything beforehand and had them reach out to closing attorney if that would matter.

I can also recommend a fellow investor/lender and a hard money lender too depending on your exit strategy.

My go-to with smaller value properties is a commercial loan, which usually is based on either 15% or 20% down and my favorite lender locally for this is currently between 5%-6% depending on the rate-lock period (between 3-10 years) and the loan is amortized over 20 years.That's my go-to strategy. 

Keep in mind with this investment strategy you are more so running a business than you are investing in real estate.

My short-term goals are to purchase one property a year for the next 3-5 years through house hacking but I am also interested in learning about and pursuing other strategies in real estate investing.

Save for a down payment, check credit, reduce debt, research real estate investing options, build a network, conduct property analysis, make the purchase, negotiate a mortgage, manage the property, consider long-term strategies, create a savings plan, and connect with experienced investors.Good luck!

In addition, the deals will be based on long-term rental outlook, but we are going to see how a mid-term rental strategy pans out for the higher cash flow in the short term.

@Tony Nuttall personally I’m not excited about a 2/1 because there are fewer exit strategies.