Quote from @Roger Flot: I was reviewing some renovated listings in my area and one indicated that even though the house was originally built in 1920, because of all the renovations bringing the house to current code, that you could get 2024 rates on insurance. 

I currently invest and own a rental portfolio and also assist investors building their portfolios in Memphis TN, so let me know if I can help you here!

I would love to hear from current franchise owners, be it HomeVestors, Red Barn, New Again Homes, Flip Cheap Homes, or any other flipping/wholesaling franchises out there.

As long as the rents can cover both the current PITI and proposed P&I payment, credit is at least 680. you should be able to qualify. 

Currently renting a room at my primary residence for some mortgage offset.

I currently have around 100k tied up in sticks right now which I would prefer to leave in and just continue to save with the plan of getting a place in the next few years, I would get a second job to raise the funds.

We are also going to see rates start to trend down once the 10 Year treasury start to adjust down.If you have any questions at all or need to pick a Baker's brain feel free to reach out!

I think the current zoning and your proposed use as it is zoned should help. 

@Caleb Brown -Thank you--the place was purchased early last year by current owner and completely renovated. 

Currently cash flows.