Credit (loans) become much more difficult to obtain and if available you pay a MUCH higher interest rate with a much higher down payment requirement2.

Garage parking, full privacy fence, and second living area or bonus room would all be needed to get on the higher end of that range.

There are so many options for LVP now, from lower priced to higher.

If you’re wholesaling in an area where home prices are high, then you can ask for an even higher earnest money deposit.

I gained equity in the property, and I got higher rents which lowered my living expenses while living there.

When I said size doesn't matter as much I meant for STR you don't need massive rooms, larger common areas, etc.If you went MTR you might go further away from RTP and go for higher bedroom count, for less appreciation on average.NOTHING about this post is gospel.

In option 2, your costs are $25k higher.

You will need your RE licence if you want to make the higher salaries with an existing PMC. 

Interest rate is 6.3 and cash to close was $23,500.00 due to higher closing costs with DSCR loans.

Price RangeDefine your financial boundaries based on available capital and borrowing ability:For Class A & B, financing typically covers 75%-80% of the purchase price, allowing you to buy properties in the $6M-$12M range if you have $2.3M total cash.For Class C & D, due to higher risk, the price range might be reduced to $5M-$10M with the same cash.5.