Louis market:•How strong is the demand for Section 8 housing in the area?

Personally, I wouldn’t invest in a market where appreciation averages only 2%.

Sure, mortgage insurance eats into your cash flow a little bit if you're putting less than 20% down but in the scheme of things it's really not that much.Also, you won't have 20% equity in your property in a year assuming you put 10% down unless you are forcing appreciation or you somehow get some high market appreciation.

It's a challenging enough market with an abundance of bad actors.

Keep in mind it is a risk and speculation, if something happens(market tanks, job loss, etc) then you will be out money.

There are some markets that you may be able to make a purchase with what you have available. 

This allocation should be based on the fair market value of each component, typically determined through an appraisal or the values agreed upon in the purchase agreement.

You’re absolutely right—speed is such a critical factor in securing deals, especially in a competitive market.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

I have lived in Santa Fe for 5 years and am plugged into the commercial RE market as a full-time investor.