Please ensure that the 3 day includes all parties on the original lease as well as "ALL UNKNOWN OCCUPANTS".

It's important that you are talking to trustworthy contacts that have done this time in and time out.

I'm selling my apartment furniture in Tucson, AZ from my airbnb for a 2 bedroom / 2 bath, this includes a full living room, bar stools for the kitchen, a fully stocked kitchen, and laundry room.

That's what's important.

Then you’ll hire a general contractor who will sort out permits and oversee the construction, which includes a bunch of inspections like framing, electrical, and plumbing.

Its a Colorado-specific situation, I guess I should have been more specific:Portable tenant screening reports (PTSR) pursuant to HB23-1099 § 38-12-902(2.5).(2.5) "PORTABLE TENANT SCREENING REPORT" OR "SCREENINGREPORT" MEANS A CONSUMER REPORT PREPARED AT THE REQUEST ANDEXPENSE OF A PROSPECTIVE TENANT BY A CONSUMER REPORTING AGENCY,WHICH REPORT INCLUDES THE FOLLOWING INFORMATION ABOUT APROSPECTIVE TENANT AND THE DATE THROUGH WHICH THE INFORMATIONCONTAINED IN THE REPORT IS CURRENT:(a) NAME;(b) CONTACT INFORMATION;(c) VERIFICATION OF EMPLOYMENT AND INCOME;(d) LAST-KNOWN ADDRESS;(e) FOR EACH JURISDICTION INDICATED IN THE CONSUMER REPORT.....Link to the full Bill

One important thing to mention with the 203k loan is that they require you to live in the property for 1-year.

I can see that Lizz has included a leasing fee in the property analysis docs she provided, which I assume reflects the lease only service you mention.

This criteria is for 1-4 and 5-8 unit programs.I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

I live very minimally at home currently, still with my parents, so I would only be spending about $350 a month total, including the loan (assuming I can get it for the time period I calculated, which is 3 years), so I would still be able to put aside about $11,000 for school, a car, and the downpayment for my first deal.