The rental inventory has more than doubled in CC and almost tripled in FM since Oct of 2022 - see above charts.

@Val Jaz depends on the size of the property.

(Canva charges a fee for each model which varies based on size). 

It would be a tough thing to get started from scratch and you will need a pretty good sized hoard of cashola IMHO.

The exact amount depends on the purchase price, leverage, holding costs, and size of the rehab.

What about your shoe size?

Does this mean, I am not able to refinance to a lower rate in the future until 5 years or I would have to pay a penalty if I were to do it earlier than 5 years.Thank You, A lot depends on your credit score, the loan to value, the loan size and the DSCR number. 

Starting small-size and less levered are always good ideas in the early days.

I followed a three-tiered system to determine the ARV:T1: Stay within one-miles radius, sold for fewer than six-months.T2: Size of the properties are within 200 sqft., must share certain attributes (bedrooms, bathroom, etc.).T3: Compare property typeI came to the result of above 200k and am looking for advice/comments from experienced investors on my decision.

Does the city require you to have a GC or is under a required size threshold?