Too large to be a normal convention loan, but not big enough to be tasty for an investor that wants some size.

If you're strictly buying turnkey properties and financing with DSCR loans, keep in mind that you'll typically need to put down 20% or more, and because of the higher LTV, you’ll often get the highest interest rate available for your credit bracket.

Plus you'll most likely make more money in home value growth compared to a multi family. 

To offer up a personal example, I am working on a project with a 70/30 split where I took down the entitlements without any LP equity (although I did use some bridge dequity who I took out after permits were obtained) and my LP partners did not wire me funds until 2 days before the construction loan was originated.

It was all really quick, and the time to complete everything happened a lot faster than I expected (which was a good thing).I was worried at first that I had to use all the partners that Rent to Retirement had, but it was really easy for me to shop around for different lenders with different terms and rates, insurance providers, and property management company.

Buy a 4-plex with an FHA loan.

It has a Walmart, Lowe’s, Home Depot, Applebees, and a 99 Restaurant which is a New England chain as well as tons of other businesses and restaurants.

If you’re paying off less than $800/mo on your loan id say sell come April selling season.

Knowing what to budget for when buying a home may feel intimidating — but it doesn’t have to be.

I see little benefit in the FHA as an option as long as the 5% conventional loans are available now.