It can also work if you're planning to do an option, assignment, or double closing, because you're not taking on the risk of holding the property for an extended period, but if things continue slowing down (thank you, high interest rates), you'll want to be very careful about how much you're offering, especially if you stick to the straight flipping model, where you take title to the property and don't make any improvements to force appreciation.

These are just 2 examples of what I have encountered as I search for answers.

Search for it and read.

Quick search I did on bankrate last few weeks had owner occupied rates in the mid-5s ( albeit with hefty fees attached)

The number of issues is so large I can't concisely describe them all now, but to summarize, Latchel is exceedingly slow to respond to all maintenance requests, including emergencies, and basically fails to communicate any information regarding the status of repairs.

On the other hand, there’s a part of me that wants to just keep slow and steady without leveraging more debt and buy properties as I can save a 20% down payments.

I would search Gainesville Florida Bigger Pockets Investor Meetup on facebook and request to join. 

This will show you how many furnished units are currently listed on FF, their size and monthly rate as well as the number of searches.

I started by going through the posts here using the search function and then trying to connect with the realtors and investors and whole salers and lenders specific to the city I am interested in!!

I live about 30 minutes outside of Knoxville in a used-to-be small town that is booming and shows no sign of slowing down.