I'm not currently operating in MT, so don't worry, I'm not going to try to pitch you on my company, but I'd be happy to talk you through both sides of your options based on my 20 years in this industry niche.

Based on my experience, I strongly believe that investing in a Hollywood property with a pool can provide the best overall return on investment (ROI) and speculative value growth in the area.

Yes, The way it works is you can take out 80% LTV based on the purchase price and any repairs or receipts as a total.

 Where you’re based and where you invest (or plan to invest)- I'm based in Dallas, Tx where I was born an raised.

Based on the type of loan your collateralization will be 10/15/35/40 percentB.  

View report*This link comes directly from our calculators, based on information input by the member who posted.

If I'm in your shoes, I recommend chatting with some local investors (attend a few meetups) to get a good sense of whats possible and not based on others that have a similar W2 scenario as yours. 

Ask for a comparison based on the current coverage and also any recommendations for better coverage. 

Then negotiate based on that.

Without having MLS access it's more difficult, but can be done :) I would not go in with numbers based solely on hopeful STR analytics.