I suggest next time you make sure that you have enough money for a deal before proceeding forward. 

If the numbers aren't there yet, I'd suggest focus on growing your income, look into house hacking as previously suggested, or consider partnering with other investors who can qualify for the loans.

I highly suggest you use our marketplaces to find trusted, investor-friendly team members: Tax Pro finder: https://www.biggerpockets.com/business/finder/tax-and-financ...Lender finder: https://www.biggerpockets.com/business/finder/lendersProperty manager finder (if you go that route and don't self manage): https://www.biggerpockets.com/business/finder/property-manag...

Hi Kylie,I definitely know that finding the right business bank account can be challenging, but here are a few suggestions based on your what you've told us:For Wire Transfers: Consider Mercury Bank or Novo.

In your case I suggest a passive, low risk options like government backed CDs.good luck

I don't know anyone personally in Topeka, but the banks I'd suggest you reach out to first are CrossFirst, CoreFirst, and Emprise.

@Dominic Holt , I am happy to review your scenario and suggest changes that could improve your property.

Any recommendations or suggestions on how to navigate this?

Your argument would suggest that if I bring home $2k/month in cash flow from a rental property in LA (where I live), that's a good deal, even though I probably had to put $2M cash into it initially.

Can I beat inflation.Paying off a mortgage does none of those things.I'd suggest if you are able to pay off a mortgage, you instead use it to buy another "cash flowing" property.