THAT gave me some breathing room.

Aaaand I wouldn't hold my breath for it, my best insight is cross fingers and hope for May at the earliest but at this point I think pulling that dictator powers from Walz will be like ripping a $20 from Monty Burns. 

Breathing new life into the property as it endowed new energy and knowledge into me. 

Unless the rules have changed every guy there could be buying for the same company, but you had to have an actual breathing body for each chance to win. 

Originally posted by @Flavio Zanetti:Great thread - following as I am wondering what will happen to investment property inventory and prices moving forward if folks will have reduced access to funds, higher rates. etc. not sure what but something will have to give..  1. investors happy with a little lower COC returns out of the gate.2. rents go up to compesate the investor.3. prices go down a little bit on rental properties as demand wains.. ( dont hold your breath on that one LOL) 

My plan now is to try to get house B at $230k which would give me much more breathing room in my budget and ARV numbers.

Just take a breath, make some calls, get some cleaners out there to see the place and get bids.

That would give you some extra breathing room with your capital in case case anything out of the ordinary comes up, and your monthly payment would come down a bit.But honestly in this area, the only way you can get good rental numbers right now is buying something that needs a lot of work and forcing appreciation on it, and even those are extremely rare right now.

It's essentially a R/P 0.3%, leaving very little breathing room for debt service coverage. 

HELOC's tend to have variable rates pegged to the discount rate but Jerome Powell has promised to keep the rate near zero until 2023 - you should have plenty of breathing room.