Highly recommend. 

Virtually every mortgage broker* will use the FM Selling Guide for determining eligibility, or you google "fannie mae underwriting guidelines" for high level details.

You're losing up to $200 a month (on the high end) or $50 on the low end, again another $2400-$600 a year.

Notable mentions include the High Roller observation wheel, the Neon Museum, the Eiffel Tower observation deck, and more.

Also I don't think I would qualify for a loan that high and even if I did I would be burdened with crazy high monthly mortgage payment even with a tenant paying rent.

Price too high, location...?

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We qualify for $1M but not sure if it makes sense to invest that high for one STR.

I am a 27 year old, born and raised in the metro Detroit area of Michigan, a former collegiate gymnast at EMU and Pitt, a current Manager of a CS team at a highly functional Sports Tech company, AND (most importantly) I am officially a new homeowner as of today!

I suppose you might have a better chance in picking areas of a state with high winds.