Your local banks will likely have more strict underwriting rules than credit unions.Online mortgage lenders are increasingly flexible and might provide HELOCs for investment properties.

Pro Tip: Make sure the laundry vendor names the property as "co-insured" and does not simply provide a certificate of insurance for the property's file Since laundry leases are "real property" leases a separate paragraph will spell out that the laundry lease conveys when the land is sold.... so any property that is sold while the lease is in effect will be required by law to assume it. - this is often times confusing for a new or amateur owner who may not be schooled in real property leases.

DM me and I can provide his contact info.

@Ron Drake, the new ADU regulations state that the city must provide the water, sewer, and electrical hookups to your unit (at a cost).

Another great feature of this loan product is that lenders will provide these funds on properties in an LLC, so lenders like myself who want to close a loan on a property in an LLC are able to achieve a loan on a single-family residence or higher.

My 10-year goal is to own and operate 2-4 short-term rentals in lake-based vacation destinations and provide add-on hospitality services to further my mission and cash flow.

I think this covers your basis and also provides you EO coverage depending on your broker, but that's pretty cheap too, maybe around 1500. 

In terms of the type of investment, multi-family properties often provide more income potential and risk diversification compared to single-family homes, although they might require more management. 

Curbio provided expert renovation services tailored to maximizing the property's value, while Angela's market knowledge and negotiation skills were crucial in both acquiring the property and securing a profitable sale.

I have finalized the investment property and researching conventional load options. 1.