No visible foundation issues.

I doubt that there's a potential for 750 hours in what you described.Not to mention other conditions, but I think 750 hrs is your biggest hurdle.

The biggest challenge will likely be your family members' experience, which is a big factor in this type of loan. 

No.

Short answer: Probably not much.Longer answer: The biggest tax write-offs from STRs here in Colorado normally come from 100% bonus depreciation.

And no clear starting point.My message wasn’t “only ever use one strategy,” it was:Foundation first.

Quote from @Jimmy Rojas: Im a first time homebuyer, i been 1099 for 10yrs now, total monthly expenses $1500 , no debt, bring in $5k a month, experian credit score 745, looking to borrow no more than $200k maybe less, ideally $15k down payment , %6 or less interest,  monthly payments $1500 or less, what are my options and what route should i take. 

No, they do not have cash flow at max LTV on day 1 anywhere.I challenge anyone that claims otherwise to post their underwriting on this thread.  

I will add that I think the biggest disconnect with newer note investors is they want "good notes" for cheap prices.

The biggest impactor would be get rates to drop in a fantasy type of way, to say 4.5%. - 30yr at 4.5% = total monthly payment of: $1,641.71How do you get mortgage rates down to 4.5%?