As mentioned by Eric, you could do this as a DSCR loan just recognize it will have a higher rate.you also did not mention loan amount or down payments as that will also come into play with a NW condo. 

Educate yourself on the various paths as well as recognize REmay not always be the best path of the path for everyone.If you are in CA let me know as there is some considerations with regard to property tax.good luck

The issue you are dealing with is referred to as "seasoning", specifically, ownership seasoning.Rules depends on the lender you work with.FNMA: probably the loan type whomever you're speaking with is targeting.FNMA will recognize purchase price + documented renovation costs for first 6-12 months and lend based on that.

Set clear expectations: every message should be returned within minutes, not hours.The agents and businesses that thrive are the ones that recognize how valuable each lead is and act accordingly.

Since we syndicate our bigger deals or invest thru our fund, we are utilizing the capital of about 80 other investors, so it’s relatively easy for us to recognize how much of our income is from our personal work effort and how much is from passive investing.As I get older the excitement/fulfillment of searching, identifying, analyzing, negotiating, managing, etc a real estate “deal” has become greatly lessened.  

However, just like most of the opportunities out there for tax mitigation, they generally involve recognizing the tax liability and then mitigating it. 

Mailers people throw away but if you are consistent then people will start recognizing your name/company.

I recognize you seem to know this as you indicate you will use a pm for the next tenant.I would use a lawyer for the response to the lawyer.  

Hi @Colby Chaney, first off I appreciate your ambition but what really stands out that I want to highlight and applaud is how humble you are, recognizing what you don't know and tempering assumptions as just that, assumptions.

Recognize the bias.