Do you have sufficient capital reserve should the renovation cost more, take longer, or fail to lease up right away?

By using an extra bedroom or units in a multifamily property to rent, house hacking can turn a home that’s already owned into a property that generates rental income.Here are some common strategies people use when looking for a home to house hack:Multifamily housing where one unit is a primary residence and the remaining units are rented to tenantsSingle-family homes with multiple bedrooms that can be converted into a self-sufficient suite by installing a bathroom and kitchenetteHouses with areas easy to convert to bedrooms, such as homes with a den or playroom that can be turned into an additional bedroomHomes with the basements, attics, or garages already partially remodeled are good candidates for house hackingProperty with a large lot suitable for building an additional dwelling unit (ADU), which is a free standing dwelling similar to a guest home or in-law unitAll the best!

Using 75% LTV as an example: The lender puts up 75%, and they expect you to put up 25% (as well as have sufficient income from the property, income from other sources, cash reserves, and good credit). 

I'm seeking the 80% as I know that will free up the cash desired to undertake my next property + sufficient liquid reserves.  75% may get me there, but not positive. 

I've heard various opinions on opening yourself up to this type of liability ranging from "I never rent a property with a pool/hot tub" to "make sure when screening the tenants you make it a requirement they have sufficient insurance coverage" to "having a hot tub onsite for short term rentals is key."

Generally speaking yes, using a HELOC as a downpayment on a commercial should not be an issue especially since it sounds like you have sufficient income to support the debt payments 

Trust me I get it I'll be 28 this year as well and wouldn't prefer doing it but it's allowed us to scale much more quickly than we would have been able to in the last few years.You can just PM me the address and that should be sufficient.

Your license gives you MLS access and if you're doing it right a vast network of buyers, sellers and re pros.

Both STRs do have an uninterrupted history, but not a complete year yet, 11 months on 1 and 6 for the second.  75% may be an option.  80% I'm positive will provide the funds I'm seeking while maintaining sufficient reserves.  75% isn't out of the question, but I don't want to decrease liquidity too much.

If you really really wanted one, I'm sure I or anyone else could drum up some nonsense, but as of now the market isn't sufficiently large, doctors more often want the big shiny single family house in the prestigious neighborhood, for whatever reason.I've never been a doctor, but here's something I've noticed.