It all depends on your appetite for risk, but I would suggest looking for an opportunity that is a bit "easier" from a numbers and rehab perspective.

Then when you consider how to fix the payment at $800 you are going to HAVE to keep it unrenovated . . . which means that your total value is suppressed here.Perhaps this is one you can carry personally for whatever season it is needed and then pull the "highest profit" lever and position it for the note to be of maximum value when you're not trying to keep payments at a certain level?

If inflation starts to heat up, rates will go higher and banks may lose appetite for rentals. 

Last March, when COVID hit was an extreme example of this, but the appetite for mortgage bonds as an investment ebbs and flows all the time.So anyway... it's kind of interesting and definitely not a doom and gloom scenario. 

New home construction is slow due to a significant increase in materials cost which will continue to suppress the inventory.  

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Intrigued at the wholesale process to wet my appetite.

My thought is DTLA prices are suppressed thanks to COVID, however I believe there will be a bounce back because of the lifestyle DTLA brings. 

When the banks appetite for your type of loan dries up, through no fault of your own, you don't want to be frantically looking for new financing facing a 60 day call.  

Just know your aptitude and appetite and you should be fine.