Then: I want the lowest interest rate possible.Now: I want the easiest bank to work with.I think my investing career has gotten easier and more fun since I've changed my mind on the above 3 items.

land has very little value if existing homes are selling for less than New build replacement costs. which is pretty much half of the US.. and especially in the mid west and rust belt areas.. building lots have value in dense urban areas where new infill is going on in a big way..

Thank you so much for all your input, so we did half cash and half equity line of credit from our house in California. 

I think FHA or conventional 5% are going to be easiest for you to apply.

That would be the easiest solution in my opinion.  

The way we do it is a first mortgage at 75% so that lowers the LLPA to about half, then do a 10% second mortgage out of our portfolio. 

The market absorbed 664 units in Q1 2024, a positive sign after negative absorption in the latter half of 2023.

Stayfi enables me to see the current uptime status and answer about half of the issues instantly. 

I have a half dozen years of experience renting out a few single family homes and am looking to bet big in a different market.

Half my rentals in Cleveland have Section 8 tenants in them and I wish it was a higher percentage than that, but I am working on that.