But I think it's better for a local investor that is going to be hands on and self-manage.I'd much rather invest in Detroit where I can get a SFH in the $80,000 - $90,000 range with $1,200/mo rents.

If you look at 1926 Howard - Market rent for the main house should be in the range of $1350-1450.

They offer a range of services from just a basic credit check, to a more advanced income check and criminal history search. 

Have you given consideration to where this condo will be and what price range it will probably be available at?

I want to BRRRR SFH on the lower end of the scale, and there are PLENTY of homes in the 15k - 45k range.

You will decide the range.

This isn't always the best option since current rates are in the 6.25 - 7.25% range for DSCR loans. 2) A HELOC on their primary residence.

Looking at the data you provided for Melbourne, FL:- Average rent is around $2,000-$2,100- Rents have actually decreased slightly year-over-year- There's a wide range of rental prices ($650 to $6,500)This suggests a diverse market with potential opportunities, but also some volatility.

Student rentals are great because you rarely have to worry about vacancy, and you'll get a range of students willing to pay a premium to live in the nicest house off campus vs some students who just want a cheap apartment with their friends.

Hi Anna,We can do 80% ltv in this price range and regular do one or more properties for clients in OH markets.