I have three DSCR loans and that is what I would use for the type of real estate you are describing.

Thanks a lotThe only safe way to find a partner or mentor is to attend local real estate investor groups.Go to NETWORK at the top of your screen and you can search for other investors and investment groups in your area.

I've looked at the fastest growing areas in other states and while I think you can profit from real estate everywhere, perhaps with a different strategy, investing in the fastest growing areas in the state seems to me to give an edge or a push in the right direction.David KrulacBigger Pockets Podcast #82

It totally depends upon the size of the STR. 

To me this is very market dependent and product dependent.. in our Market some developments that are red hot that Lennar owns they might only offer 5k on a 600k sale.

They have every incentive to make sure construction is up to standard since they will receive 5-6% (to be split with buyer's agent depending on state) of the sale price in commission.

A fair way to compensate your financial partner typically depends on the agreement you structure.

I am trying to buy my first real estate property but I am not a homeowner yet.

Here are key factors to consider when searching for a reliable broker.A good private money broker plays a pivotal role in facilitating real estate investments, serving as a bridge between investors seeking capital and private lenders willing to finance those investments.

@Chris RagerFor multi-member LLCs (and depending on the size of the project), you may want to work with a specialist for the operating agreement.