Rates will range from Prime (currently at 7.5%) to Prime + 4% (11.5%).

With the high interest rates it hard to get much to cash flow with the traditional 30% down. 

The key to success lies in ensuring you're entering the market at the right value.

Economic UncertaintyEconomic pressures, such as inflation and fluctuating interest rates, created hesitancy among renters.

@Matthew Drouin and many others have good success with direct mail. 

Congrats on your success so far.Some random thoughts for you:- It might be difficult to tap the equity in the rental at this time given the current state of interest rates. 

BRRRR is not a great strategy in the current market due to the mortgage rates so it's not as applicable as many think from reading older posts or books about how easy it is.

Some of the largest and most successful insurance companies in the world choose to only offer their products on a Non-Admitted basis.

Your first couple deals will be important, they will set the stage for your success.

Having reasonable expectations, hiring a local professional (Realtor or PM), doing your research, and doing everything right (i.e. pro photos, professional design, good renovation, proper amenities and location, etc) are the keys to success in 2025.