That means paying all cash isn’t an option unless you plan to bring another $600k to the table. . 

Keep in mind you will probably have a deductable to pay first.

HCV in the area pays $2,200.

Don't let them choose for you.Just inspect what you expect....Also I would talk to housing office in Memphis to get a feel of how many people are on the Section 8 waitlist, what kind of rents they pay, what zip codes are they targeting, see if they have any stats about how long tenants stay and average rent.While a lot of people try to look at google street view to get an idea of the neighborhood, there is no substitute for visiting in person.

This allows you to use all of the tax and deferred depreciation recapture to purchase the larger MF propertyA consolidation exchange is where you sell multiple investment properties to purchase a larger and nicer investment property, but you also get the benefit of using all of the tax you would have had to pay to your advantage.

It’s especially useful for prospecting foreclosures or expired listings.TruePeopleSearch (Free): If you’re working on a budget, this is a surprisingly helpful resource for quick lookups.That said, any platform can work if you use it consistently—it’s all about staying persistent.

Others focus on boosting W-2 income, paying down other debts, or refinancing to lower monthly obligations.

The last one told me I'd likely pay a small fortune for this policy. 

I’m not sure where to go from here or what, if any recourse can be made to recoup my money.My take is you get what you pay for & low interest is not worth the crap we had to ho thru and in the end, they didn’t come thru but will brag how they close hundreds of deals a month.well, they didn’t close this one!

Pay off debt .