Should save you hours of research and second guessing. 

@Johnathon Jenkins so even though the liability is covered, am I potentially missing out on certain loan programs for small businesses?

My research and lending experience led me toward Co-living in single family homes. 

The properly sits on a large 28,480 square-foot lot zoned for office, creating the potential for re-development as a medical office expansion.

Based on my research on the property can the forum please provide some guidance.Basic Info:  Purchased at auction for for ~$5000.  

Regardless of the market you choose, please make sure you have reliable boots on the ground (agent, contractor, handyman, bird dog) to check our potential properties and be able to respond in the event of an emergency. 

The current market conditions have made properties quite expensive, potentially leading to a scenario where I'd have to cover monthly expenses out of pocket.

., interest rate, down payment, loan term).Calculate Gross Rental Income: Determine the total potential rental income the property could generate annually.

You can get preapproved with hard money lenders to find out what they will potentially lend to you.

Checking out Furnished Finder, Aribnb/VRBO (30+ day stays) and looking at sites like AirDNA (only for STR data) can be great ways to do some easy market research on your own.