I plan to live with two tenant roommates starting out, then  fully rent the property later.

You'll start building equity on your own and hopefully will have your entire mortgage subsidized by your room mates.

It was a great way to buy a home when I was young and ok with having roommates and I recommend doing to same to all young investors looking to get their first property.

You'd be more referee for roommate fights than landlord. 

For instance the 2bed 2bath condo that I rent now for $3,150 (with roommate) had an identical unit just sell for $850,000 with $675/mo HOA. 

NEVER sign separate leases for “roommates”, each person on the lease should be individually responsible for the ENTIRE amount.

He should be able to get 3 roommates, take care of the property for me, and cash flow on the property.

If so, could you get a roommate or airbnb a room for extra cash flow?

If they have bad credit but have a cosigner or a responsible roommate, I am ok with that, but prefer a credit score higher than 600.  

*No W-2 income - Self employed*20-25% down payment + healthy bank account*will have 3 roommates to pay the mortgage*property purchase with 20-30% discount, would remodel before rented to increase equityQUESTIONS/CONCERNS:1.