In this way, I can acquire properties without obtaining a new mortgage, which can be advantageous in terms of cash flow and credit utilization.As I embark on this journey, my goal is to maximize returns while minimizing risk.

One questions folks should be asking from their marketing providers is this: What steps are you taking to maximize my chance at success?

But I have cash available, aprox 1.5m.I would like to get conventional style lending so I can minimize my cash investments and maximize my speed to growth, and get to work on finding my first of 10 properties within 3 years.love to get some insight,  creative ideas, or just flat out honesty of my options.  

Maximize door count.

By tapping into local knowledge, you'll be better equipped to navigate the Detroit market and maximize your investment potential.

Choose a location with low operating costs to minimize overhead expenses and maximize profits.

STR friendly beach homes rent well because you usually have more flexibility on maximizing bed count & parking, but when you compare insurance costs on a single family home vs condo fees, the condo fees become more palatable. 

@Maxim Lorenz have them sign something saying that they acknowledge it was an (accidental) lease violation and that they are responsible for any and all damage to your property or belongings, other tenants belongings etc. and any vacancy incurred from damage.Unless they are a budding icthyologist (dying to use that word in the forums) that ought to do it or at least have them be very careful.Actually a pretty low risk situation, especially on the first floor.

If it is possible for you to qualify for an investor loan and you find a decent fixer upper in a good STR area you could do a BRRR an really maximize CoC return.

Leveraging debt allows you to maximize your purchasing power by controlling a larger asset base with less upfront capital.