If you need financial help, ask under the "Finance, Tax, and Legal" forum.

If you have a solid plan for balancing loan payments and homeownership, it’s definitely doable!

Furthermore you can vastly increase your returns through leverage using a non-recourse loan but that will definitely trigger UBIT but again the numbers can still make a lot of sense. 

I’ve spoken with one credit union but could definitely pursue that option more vigorously.

There are some legal considerations as well as practical considerations 1.  

@Jasmine Vida  Some groups have a lot of spam, but I've also found groups that are legit investors and also hold meet ups so its good for networking as well :)Send me some those Facebook groups that you found I would definitely like to join them! 

Additionally, based on your numbers, it should definitely cash flow. 

I can definitely send over some lender referrals for your BRRRR deals.

As a business, a judge will expect YOU to know all the laws and legal procedures.Make a minor mistake and the judge is unlikely to give you a break and may rule in the tenant's favor.The judge will see the tenant as a consumer and may give them a lot of leeway in court, even give them borderline legal advice.You are in over your head, not having the knowledge to properly handle this.

that will tell a lot.. the mastermind i went to you had to prove how many deals you were doing they checked you out and you had to be invited... and there definitely was some of the top players in the industry there and quite a few that we know on BP as top providers in their space be it turn key  financing and wholesaling and also those that sell coaching.. ( which most on BP dont care for frankly)