Based on the market, it seems impossible to get close to the 1% or 2% rule.I have been told that the market looks like it is going to appreciate a lot since a lot of people are getting pushed out of Bend because of the high cost of homes and rentals.Would love any advice!

The FDIC and many state regulatory agencies will require the lender to substantiate a global portfolio freeze based on value.In the past, I've frozen my entire portfolio but I was able to document that, on a global basis, values had decreased in excess of 50% from origination value.

@Aaron Porter so based off those numbers you provided your P&I would be $463.59 at 6.1% interest rate.

Anyone can list a house for sale based on comps.

I’ve researched but keep finding lenders who won’t go below $75K loan amount.Needs to be under my LLC, and based on asset value/rental income.

I did not personally spell out an automatic rent escalator based on percentages, because in some years rents appreciate a lot faster tan 2 or 3%. 

If this is correct the answer is that value is based off of either comparable properties that have sold, or the income that the property produces.

Tenant base for that price point is going to be a high risk tenant base.

They get paid based on the selling price. 

Business should not be based on wishful thinking .