Check the covenants many do not allow you to buy in if under 55, do not allow rentals, etc. 

Check your landord tenant code for the state. 

I hire a college graduate in mathematics, who has a sense of humor, can pass rigorous background check, has perfect credit, and has desire to learn sales. 2. no mortgage company gives free leads3. mortgage loan officers do not get salaried, we are 100% commission.

Go with them if you want, but if you are small i'd strongly recommend checking out hospitable instead for 1/3 cost and NO fees upfront for "training" and cancelling. 

You will need a new loan for at least $460k (to pay off old mortgage plus $53k check for partner’s profit, you take no cash out but save closing costs, holding costs and interest).

If this is the case then I would call Airbnb to double check your local market.

Investors aren't always bring their Passive Allowed Losses (PAL) onto their 1040 to deduct against their regular income. 

Unless you are walking the streets, vetting tenants personally and visiting the property regularly in-person, these risks are same even for your own backyard.

Check out the CREIA group.

Check out the linked chart below.Check out California and DC…Quick Story: Are mortgage lenders making risky loans again?