Purchase price: $35,000 Cash invested: $35,000 Sale price: $110,000 A fix-and-flip project purchased off-market from a tired landlord involved buying a distressed property with significant deferred maintenance.

Often, it will also need work.So, that is causing investors to lower their standards and buy Class C & D rentals.Problem is, most investors apply Class A assumptions to these Class C/D properties - and then blame everyone else when they don't get their "expected" results.Check out copy & paste info below for more dtails:------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I purchased a duplex (Austin, TX) at peak market prices in 2022 for $720k.

For this example, what's the purchase price and how many bedrooms?

Purchase price: $325,000 Cash invested: $50,000 This time I acquired a property that needed little to no work.

Yes, there are definitely 15% down options available for investment property purchases!

Hard money loans can help fund your purchase and rehab costs, allowing you to scale faster.

However, this information is beneficial to the rest of the BiggerPockets members. 

Quote from @David Cherkowsky: Quote from @Sasha Mohammed: Hi David,There are lenders that will allow you to purchase via a DSCR loan using STR income to qualify.

I've been in the lending Industry for 20 years, and I feel many people on BiggerPockets give misleading information a lot of times.