Having 10% of 200K is 20K which can get you by.

We told him if it was not done by a certain date we have someone else lined up to complete and will need 50% back. 

YUP pretty sad whats happened to Baghdad by the bay..

Real estate prices and construction costs vary significantly by location, thus, it could make sense depending on the market your planning on building in. 

I'd start by talking to a mortgage broker about your options, then save up and wait until you can buy in a good location and have adequate reserves.

STR is all they do and their pricing and coverage beats everyone by a good margin.

Im Curtis i would like to fortify by buyers list in Portland Oregon and Nationally.

And there is not much out there because is program is small and I saw one that leaned negative unfairly by someone who never even worked with Paul McGraw or his program.I started working with Paul McGraw and his team just over a year ago and I’m amazed at how wonderful real estate can be.

Medium term rentals would be the safer option in my opinion due to the uncertainty that comes with STR's, your cashflow would be lower but overtime it would turn into a solid source of passive income.

If you don't want a subsidized tenant they can usually be legally denied by credit.P.S.