With those two roles & your managing resident communication, you should be covered.

Some borrowers choose to leave more equity in the property, and might only take a small portion of their own cash out of the property to cover closing costs and give themselves some working capital.

High interest rate make it difficult to rent and refinance because to often rent don't cover refinance cost. 

Many STR owners have find in the fine print they were not covered as a STR.

This helps cover living expenses.

Adding keywords related to your investment strategy or market locations can be updated in your settings.

I'm understanding the limiting factor being my wife and I's income and if it would allow us to to cover the payment on the equity loan while it's being used for whatever investment we decide.

FHA is definitely one route you can go, in the current market with elevated home prices, and interest rates its alot more difficult to utilize and fha loan because with any 3-4 unit property you will need to pass what is called "self sufficiency test" essentially fha has a rule for any 3-4 unit property that requires 75% of the projected rental income to cover the total mortgage payment in order to qualify for financing.

The bank we were using for the failed project financed the Land B because there was enough equity to cover Land A, Land B, and the loss.

When you open the toilet cover there is an oily filmy substance....hard for me to explain.