However, rates have already fallen recently to a 15-week low.A 30-year fixed rate mortgage is sitting around 6.56% interest:All else being equal, lower mortgage rates reduce the cost of ownership and, thereby, allow more people to afford to buy.

It's tough to recommend without sitting down and talking to you to determine what your goals are.What I would suggest is just buying an occupied or vacant house that doesn't need reno or minor reno, then either have a realtor rent it out for you and you take over day to day management, or you can put PM in place. 

I have been BRRRR-ing for over a decade in Milwaukee and it's not like deals were always easy to find, but once a house has been sitting on the market for 6 months, sellers get more motivated to discuss a less than ideal priced offer.

Most folks are willing to sit down and impart knowledge especially if you pick up the tab for lunch etc.     

If I buy the 3 houses, I can rehab 1 of them and the other 2 would have to sit until I could afford to rehab them, probably both by the end of next year.

We're happy to sit on them or sell out, pull out our equity and move on and up.Technically they are two 4plexes, so they *could* be purchased with 2 conventional loans - however the appraisal would have to be based on the income method.

We're happy to sit on them or sell out, pull out our equity and move on and up.

I'm seeing houses sit for 4 or 5 months now with 100k in price drop and still sitting.

We're seeing stuff sit a bit in Tampa.

@Matthew Paul and @JD Martin and @Scott Mac combined - Let the bleach/dawn mixture sit, then pressure wash it, then seal it!