I’m looking for something that’ll be cost sufficient when skip traving and sending mail.

And in their contract, this clause is in effect for 180 days after the renter exists the lease but then buys the property.

This caused an unexpected cost of ~ $12k.

DSCR would be an option, however, if you can qualify for a full a documentation loan your rate and terms (like your upfront closing costs and pre-payment fee that come with most DSCR options) are better with a full doc loan.

search for Henry Clark, he has all the steps you need to verify demand in that location, your costs to demise may be much more than your budget, I doubt the state is going to give it away.whats the zoning?

You can save cost on a property manager by managing it yourself. 

Also study up on lease renewal restrictions and eviction costs in CA and LA or wherever you are buying. 

But you can effectively achieve the same goal by finding off market properties and charging a commission fee for bringing a buyer.

Yes there is risk on the Reno costs.

It cost more digital locks (camelot from Schlage), but the flexibility for travelers on FF and also AirBNB will be notable in a higher booking rate :)