The day I purchased it I reached out and introduced myself to all four tenants and one tenant told me that she was currently living with a relative because her electric got shut off.  

Wanted feedback if anyone has done this and/or currently is.

The LTR rents are pathetic compared to current values, but maybe if STRs get banned the prices would fall.  

I am contemplating on my current project on wether  I should make the current apartment a 3 bedroom but sacrifice the living room space or make it a 2 bedroom with a bigger living room space .

I'm based in Miami, FL and currently rent, though I've been saving up to purchase a home.

I actually am closing on a home currently though it is a primary residence in Wheeling, IL.

They'll let you know if they have a product you currently qualify for, or what you'll need to do to qualify.Anecdotally, I feel like personal residences are very easy to qualify for.

I am coming up on completion of the repairs, and am really trying to assemble a game plan on how to go after my next property.Here would be my ask from someone in the community:Would anyone be willing to take a look at my current numbers/situation and give feedback on what some potential next steps could be to go after another property?

A lender I'm currently working with said their underwriting process is taking 60+ days right now and he started me almost 3 months out.

My primary focus for this investment is on long-term appreciation potential and leveraging rental income to pay down the mortgage, in this case I have no cashflow.Given the current market conditions, I understand that cash flow might not be immediate, but I'm more interested in the potential for appreciation over time and the ability to offset expenses through rental income.