I'm excited to join the BiggerPockets community.

Quote from @Gi'angelo Bautista: Hey Everyone, our market (the SF Bay Area) has had short term rental ADR's drop a lot to the point where long term makes more sense to landlords after all expenses.

ADP reported 37K jobs added today, which is significantly lower than the 115K jobs the market had forecast. 

Thanks for the post! 

In Texas—and really anywhere in the U.S.

You would need to see when the leases expire and give them proper notice in accordance with state and local laws.

Hi Benjie, Welcome to the community- There are a lot of professionals and resources here on bigger pockets to learn and grow your business. 

Curious—now that you’ve been through it, how are you thinking about your next acquisition?

They're requesting 20% down payment for my selected lot.Concerns I have, (I do not know how its works in case project goes south)Land Payment: Developer paid 70% of land price during the purchase, remaining 30% + interest to seller from profits (seller has priority).

You can also look into DSCR loans that are based on the properties income and not yours.If I were you and you qualify, I'd look into buying another house as a primary residence that you could house hack.