I am currently in my first year of my W2 job (post graduation), and after a year of listening to Bigger Pockets, getting my real estate license, and allocating funds, I have finally decided to dive head first into my first investment.

You will also personally guarantee the loans.  

., using a full-doc loan... if its schedule C, you would need to do a 2 year average of this income in order to use it. its looked at as a business, and self employment income. if its schedule E, theoretically you could use the schedule E income calculations just like any other rental even after the first filing.

Not having a place for them to finalize their reservation can look unprofessional.

VA loan

For a house hack with a first time buyer most will use a fha loan which allows for a 3.5-5% down payment.

VA loan Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

.• Financing: Explore options like FHA loans, conventional loans, or portfolio loans.• Cash Flow Analysis: Use a tool or spreadsheet to calculate projected cash flow.Based on your estimate of $300 per month in cash flow, make sure to verify that this aligns with your financial goals and risk tolerance.

Portfolio loan for remainder with some repairs built in. 

I am excited to finally join the discussions and start taking action.