These loans typically have lower interest rates than personal loans.Personal Loan: While this may come with higher interest rates, it’s an option if you don't have other assets to leverage.

I would much rather not buy anything less than a 2 bdr, but i'm also seeing  1 bdr condos for about the same price but in nicer areas.    

do you think a pre-engineered tent is less expensive than building the structure?

Like Jaron and Nicholas note, in Cincinnati, OH, duplexes are worth LESS than single family homes.

Hey @Eddie Hincewicz, just an FYI, I did an extensive survey of a bunch of lenders and none of them would lend more on an operating STR vs a similar home.That does include if they have a permit.So anyone looking to buy, they would have to come up with the extra cash if the owner wants to charge more than the comps support.

The biggest difference with DSCRs is usually 1) prepayment penalties 2) more points 3) an affidavit that you cannot occupy the property 4) covenants and agreements regarding the requirements and rights of the lender to protect/preserve the collateral that may be more aggressive than Conventional.

Our current president is supposedly floating a policy idea of rent control to no more than 5% annually. 

I prefer this more than development deals because those only make money at the exit which is many years down the road.

Doing this allows you a couple of added benefits, such as being able to put less down on new mortgages if you go with a bank loan as it will be your primary residence.  

If I supplied the cash and sweat equity, how likely is it for an experienced investor sign on for a fee rather than a share of equity?