Hello Hunt Van Winkle,Banks typically lend with a maximum LTV ratio of 75% for several reasons related to risk management, regulatory requirements, and financial stability.

I would first start looking at the various strategies for saving massively on tax, mainly the short term rental loophole and real estate professional status and then decide if these strategies align with your goals.

At least half are not actually here to learn, they are here to get just any random person to validate their idea of success in the short-term.

I know a lot of people target the travel nurse demographic, but there are also a lot of patients that come for long-term treatments and need housing.Does anyone have experience catering to this demographic, and what are your thoughts on making the house ADA compliant? 

I feel in this market it is difficult to get outsized returns (S&P seems very hot and might be hard to sustain 7%+ returns in long term.. but even if so, I’m risk adverse so would probably keep it my HYSA)I did run the numbers if I were to prepay $60,000 now and it appears the IRRs are lower (because of the higher cost basis).

If you are not happy in your current role and/or company, there is no shame in pivoting your career into something that attracts you and positions you for long term growth.

Any advice on strategy for multifamily properties would be helpful in terms of narrowing them down, and areas in Michigan to look in.

Good stuff - you are pretty spot on - technically people max out under conventional loans at 10 - but oftentimes its with fewer properties as people run into hurdles before hitting 10, some of which you mention - wanting to diversify strategies, multifamilies, needing LLCs etc.I think you are on the right track for DSCR Loans - I always say that DSCR is really perfect for people in the 5-50 property range - typically conventional is the best fit with your first few, and then when ready to make the "jump" to scaling bigger and faster - DSCR is the best bet.

Some are more friendly on terms and have more leeway.

I have done many brrrr and mostly agree the sweat equity is where the quick return typically is.