Let's use an example House in Spring for 190k, if you do it correctly and get a loan as an investment you need 20% down. 

Hard money lenders specialize in providing short-term loans for real estate investments, typically with higher interest rates and shorter repayment terms than traditional mortgages.

If they can JV with a land owner who is not crazy and potentially litigious then that can be ideal, especially if they will be the ones to be the guarantor on the construction loan.

There you will be asked your criteria and then after answering a few questions you will be matched with 3-5 agents or loan officers in your area.

For instance, you would be able to obtain a loan at less than 10% down, while a rental purchase would require at least 20% down.The down side to moving into a home is that you would not get to have LLC vesting.

Your Realtor isn’t responsible for your loan, nor any part of the closing costs (except their commission.)

Some of the other people I would want on my team are contractors, insurance advisors, bankers, loan officers, asset protection attorney, business structure attorney, home inspectors, a closing attorney, and title company.

I find it more useful where I need up to date leases and online rent collection capability.

I do loans all the time on government leased properties and they can be great tenants.Mark

In addition to that, I am also concerned as to how big of a loan I can get, as travelers taxable income is significantly less than what they are actually making with stipends.