Hello, We have a triplex in a lower-income neighborhood in the Tampa Bay area.

If all of them have a garage and yours does not that will either put you at a lower ARV then what you thought, or a longer time on market.

3) Your $250k with 30% down => about $750k (you also need funds for closing costs, taxes, etc.)

The home was built in 2006, great neighborhood, close to the highways, close to everything new that is being built, close to a military base.

It's probably going to mean paying points at closing, a high rate, and a serious pre-payment penalty (like 5 years). 

Meaning that if you fund a $5K EMD and then decide not to close you lose the EMD, or you pay for an inspection up front and risk missing out on the deal while you're waiting for the report.

I think it is more beneficial to save for the downpayment + 6 months reserves and closing costs.

With the Chuckawalla Valley State Prison (CVSP) slated to close in 2025, do you think Blythe, CA would still be good city to invest in?

I believe United FCU is best. 20% down, usually a 10yr term (they offer a longer term though), and an interest rate that's pretty close to the current average for conventional loans. 

Surprisingly, these homes that once sold for $7,000 are now selling for close to $1,000,000 and it doesn't seem as though the rate of appreciations is decreasing anytime soon.