I am just a guy who tends to give illegal advice, I guess.And finally, folks need to be aware that while many travelers pick the nomadic lifestyle for some of the awesome reasons: travel, excitement, variety, some pick it to try and increase their income to a level where they can earn their way out of terrible financial situations or decision making.

Well it is doing loans for folks who bought sight unseen and trusted contractors/turnkey providers who sell the dream but in the end do the absolute min in rehab work (even though charge for a much better job) and/or sell a buyer on a class B type neighborhood that is  reality a class D neighborhood in an already low income town.

The PM vets I know will all confirm that you lose much less by lowering your rate of (monthly) rent than by missing an entire month of income! 

Required distributions from qualified retirement plans.This is controlled by Section 401.

Once you graduate and have a steady income, consider house hacking as a beginner-friendly strategy—buying a small multifamily property, living in one unit, and renting out the others to offset your mortgage.

My plan is to put 5% down on a 30-year conventional loan and have the rental income help cover part of the mortgage.

The appeal of having a second source of income is very appealing and I would like to be able to build wealth outside of my W2 job. 

Do you have other collateral, such as another income property or your personal residence (last resort) your seller could record their lien against? 

It doesn't matter what your rental income is.Anyone could buy in your neighborhood and make a STR.

I've found this to be super helpful: When someone inquires about the property Thank them and Send them the pre-requirements (Income, credit, no evictions) and ask if they meet them.