He inspected and gave me some ideas.

here's a good thread on it:https://www.biggerpockets.com/forums/899/topics/1110473-sett...you should do your own research and determine what fits best for you. 

Also on the lookout for ideas and materials and homes you can make tenant and idiot proof. 

Thank you for the post, it's a topic which I have been considering lately as well.

You can afford to pay a bit more if rates cool down.We need to also remember that BRRRR become a really hot topic in a low interest environment.

the loan officer was really helpful and responsive, it was just a lot of paperwork to work through.i like @Jay Hinrichs idea of just paying cash and refinancing. 

My overall goal is to become a mortgage broker as I like the idea of having all lenders as an option and working for my self.I really appreciate the help! 

For you 1st property, probably a good idea to start with something that's more turnkey / light cosmetic work needed before diving into full renovations.

Just because "1000's use it", doesn't make it a good idea.

However, the idea of running a rental business while waiting six months for payments especially with bills still coming in doesn’t seem sustainable.Can anyone speak from experience in the current market?