Some of our initial baseline, no-go, criteria when we first listed were: 600+ credit score, no evictions, no bankruptcy, and income 3x rent... however, after finding that very few interested parties were eligible to even "enter a review phase" of landlord verifications etc, we loosened up a bit and went to an objective scoring model that I tweaked from a few ideas obtained after speaking to both rental professionals in my local area and some on this forum. 

Are you paying any points for the initial loan as well because that will add to the cost?

Over $500,000 in gains on a $200,000 initial investment.

When we initially bought the homes we were able to lease for $2800-$3200/ month. 

If the investor wants to pay off the property quickly, then this might not make sense but if an investor is looking for more of a cash return initially, this can makes sense.

I've gone through the process of shopping out a loan for the property and it was decided that I'd go with a loan originator who initially told me the interest rate would be anywhere from 5.5-6%.

However, some investors are comfortable with this approach, especially if they prefer to limit their initial capital and plan to refinance a few years after purchase—particularly as discussions about the Federal Reserve lowering interest rates into 2025 continue.Ultimately, successful investing hinges on selecting a growing market, a desirable neighborhood, and assembling a strong support team.

In fact, it was the rise of cryptocurrency that gave me the initial funds to invest in real estate.

@Brock MogensenTwo things we found out last week on Appfolio is we have an open ended fund and after the initial bulk upload to have to go in and input investors and investment individually.

Realtor says another deal fell through because it didn't fit their needs for an event location.We'd be coming in with 20% and look at about $10k in initial improvements.