Steadily has their own product (with multiple writing companies) and then they offer policies through other carriers just as an independent agency would. 

Rates that low don't make sense especially if they're a no doc shop.

The owner occupant rate is super low compared to many states but as a rental it goes up alot.  

I have lenders that I can point you to that would likely be able to give you a better product that will pay off that primary residence loan, or restructure it into one that doesn't take so much long term value out of your equity.

Super low vacancy rates in SD, even STR's. 

To name a few: lawn mowing business, marketing agency, video production company, acting career, window washing, SEO services, improv comedy, music production, painting, drawing, guitar, blogging, and photography.

You can probably find some around DFW in some of the outer cities for around $250,000, so 1031 the ones with the most equity into more properties with chances for more appreciation.One thing I would suggest is not to buy NEW from the big production builders. 

High credit scores and low DTI are often required…and these take much longer than I first thought…Navy might take 45 days to get through the gauntlet.  

Low entry and breakeven deals +- some cashflow.

You could structure the deal with seller financing to bridge the gap.Possible offer structure:-Purchase Price: $170K - closer to actual value-Down Payment: Low or zero down to conserve cash-Interest Rate: 3%-5% - or better yet, 0% if the seller will agree-Monthly Payments: Interest-only or deferred until the sale-Balloon Payment: Full payoff in two years when you sellIf he wants $200K, you can still make an offer of:-$170K purchase price + $30K as a second lien due at closing-Seller carries $170K at a low interest rateHe would feel closer to his number, but you still keep within reasonable investment limits.2.