Now days you don't buy a deal you make the deal either with how you operate the property, how you finance the property, or how you purchase the property.

You can potentially purchase multiple properties, which is a huge plus for spreading out risk.

Purchase price: $490,000 This is a unique opportunity to participate as a investor in a single family residence valued at $3M and higher.

I purchased a fix and flip that got complicated when we found one of the basement walls was bowing in.

I've got about $525K in equity in the property, but lenders have told me that I cannot get a HELOC to access that equity for additional purchases because the duplex was financed as an investment - they have said TX law dictates that HELOC can only be used on primary residences.

Purchase price: $65,000 Hybrid Fix & Flip, bought, made minor repairs and clean out.

You don't need to actually rent to purchase a renters policy.

The rule of thumb for me used to be that the property needs to be able to do 20% of the purchase price in gross rental income.

My “reasoning” is based on two points1- the current system of property records filing in a million different jurisdictions with expensive title searches necessary for almost every title transfer and mistakes still being made can be made much less expensive, much faster, and much more reliable through migration to some sort of “blockchain” National registry.2- Numerous investments have been divided into, and offered as tranches of the whole.  

. $220,000 is definitely a lower purchase price amount and really limits you on what you can buy.