It may be worth talking with a lender about your question.

I have 12-doors there and am very active in the market outside my own stuff.We're typically doing cash BRRRR's in the $75k-$95k range right now.

Typically it will need to be 660+. 

LOI - I'll offer you whatever value we agree your home is worth, I'll give you a down payment if you want, and I'll pay you 8% interest on the balance of the loan until it is paid off or sold in 30 years. 

The ironic thing is that in some resort/highly desirable locations where the cost of housing is high, when STRs are banned, the houses in question typically get bought by people as a second/third/fourth vacation home and then let it sit vacant. 

Hey Kevin - we actually can finance up to 75% LTV for foreign nationals for a DSCR loan if the property meets the qualifying criteria but we typically lend at 70% LTV for purchase.

Once you give those notices, you typically start an ejectment action instead of a foreclosure action to recover a possession.

Was wondering if it worth it to go with fiberglass doors to prevent rust on steel doors?

The time and money upfront were definitely worth it!  

If the payment you make while house hacking is lower than the rent you would have paid, it is worth considering.