That may impact the amount you have listedYour most advantageous route for financing will be seller carry or finding a private lender.

Quote from @Alex Spivey: I want to start renting as soon as I can so does anyone have adviceYou want to find a place to rent and occupy, or you want to buy an investment that you can rent to others?

Find the style that people are doing in the area then find equivalent options for materials at local supply houses.

you probably just need to find a few other John Lashers and work on it together.  

We plan to come back live in it the other 6 months, fix it up more, repeat that process until we can find another deal that makes sense for us. 

I'm not doing any Sub2 deals not, but would if I find something.

Low entry costs How did you find this deal and how did you negotiate it?

Sometimes hard to find this happy medium in rate sheets, though.Another consideration would be taxes - points are typically treated as interest, so if your tax obligations are high this year vs being higher in the future, then this could also impact buying down now vs paying a little more in interest in future years. 

I find that managers are somewhat reluctant to cut rents because they have an interest in maintaining income across the market, even if that means your property sits vacant. 

Depending on if you want to use any of the equity from your home to find retirement or if you want that all to be put into the house may also change your strategy.