This is a beautiful house - rehabbed/looking new and fresh - walking distance to the water etc, yet low gross yield  compared to Byrd (???)

Also, factor in potential interest rate changes if the HELOC isn’t fixed.

Financing is important but your realtor will absolutely be the determining factor whether you purchase correctly or not. 

Your accountant should be able to factor that into your total cost. 

It worked out beautifully... they met their deadlines and profit goals and had the break they needed.Perhaps selling one property sooner is the solution?

That means clearly calling out 4+ awesome amenities they can’t resist—like “Lakefront Retreat | GameRoom | HotTub | EV Charger” instead of “Charming Cottage with a Beautiful View.”Why It WorksGrabs attention with specifics (people love hot tubs).Tells guests exactly what they can expect, so they’ll click over your competitors.Makes your property unique—no more “cozy” or “adorable” listings lost in the crowd.Try ThisBrainstorm your top must-see amenities.Keep the wording short, clear, and hype-worthy.Swap out any fluff words like “cute,” “lovely,” or “charming.”

Taxes, costs, eviction complexity, etc are going to be a much bigger factor in your success than anything else.

DOM can be minimized by a number of different factors including the quality of marketing, rent price, availability to show. 

You can close in an LLC and don't need to provide employment history, income or tax returns, and DTI isn't a factor.

I think another factor here in determining whether its a good investment is your age and your goals.