While I am not a tax expert, I work in finance and have a good understanding and will consult my personal CPA if anything looks off.

From my understanding if you sell your house you are going to have to pay capital gains taxes.

   - Goal: Gain confidence, understand the process, and get my feet under me before scaling up.5.

From there, you will understand your budget and can run your numbers more accurately. 

Jordan, I feel for you and understand the frustration. 

Hello @Scott McLaughlin from what I understand about CFD is that title/deed remains with the seller who is financing the deal - therefore no additional lien. 

Remember to offer a fair price, be prepared with pre-approved finances and a reliable team, and understand the legal aspects of purchase and seller agreements before proceeding.

As long as your relative understands the full cash investment wont be paid back immediately, you are a full green light for STR DSCR.

After reading through, I would set up a call with City staff members to discuss in further detail the process and make sure you understand everything. 

Not an attorney, but is my understanding you can charge applicants your actual cost for running a credit check on them (up to $25), but do think an application fee must be refunded if not leased.