I want to turn this into a business and eventually hire people to work for me.

This would Not count for your lender when you refi.

Sadly people think they can generate leads out of thin air, meaning the person they called wouldn't have realized they wanted to sell their home had not the wholesaler or investor hit them up to ask if they would be willing to.

The last lender I’ve tried to get a pre-approval had a, imo, patronizing response saying,”Although lots of people talk on social media about buying a three or four unit property with only 3.5% down in practice it almost never works.”All lenders who I’ve tried to give a pre-approval for has tried to sway me to switch to a 5% conventional instead.

It is older, but I think that might be a plus as properties will be cheaper, and people know it already.

@Jeremy H.It’s definitely high risk for people who have no experience running a business.If you don t know anything about managing and marketing STVRs stick to LTRs.

I have long ways to go and people doing it much better than me but see how quickly engagement can grow.  

If you want to talk offline, I believe I could help connect you to the right people!

I like to see people succeed. 

I have seen so many people make horrible decisions on some purchases.