When you combine the two, you have 515 days rented with 51  stays.

As others have said, the remaining useful life of major systems matters far more than whether something is still functioning today.

Then compare that to the combined income ($1,500 + $800).

You might have better luck looking for a home with a really functional layout—like a 4-bed with a dedicated study or a 5-bedroom home.

The combination of low down payment, owner occupant terms, and the ability to use rental income toward your qualification creates a window that most people only get once. 

This could be a construction loan from a local bank or credit union, possibly combined with permanent financing once the building is leased up. 

Hey Elmer, congrats on getting approved, that’s a big step.A few things to keep in mind when you’re combining an FHA loan with a line of credit:1.

Their appliances are often deeply discounted and still function like new.

That could put a good dent in most incomes.i believe “STR loophole” (ugh) has to be combined with something that provides large passive losses.  

If I had to choose, I’d lean toward appreciation and long-term stability over maximum cash flow, but ideally I’d find a combination of both.For lifestyle reasons, I’d love to be as close to Scottsdale as possible.