Keep in mind that each lender may have specific requirements based on your credit, income, and other factors, so you’ll want to check with them directly.I don’t do conventionals but I’d recommend reaching out to Brandon Croucier with All Loans Funding on here for those he’s really great. 

I will definitely factor that into my planning as I move forward.

I faced a similar problem and ended up creating custom designed Excel spreadsheets that auto-populate with each other.

Locking in such a low rate means more cash flow if you rent it out, even with your HOA and property management costs factored in.Let’s tackle this using your numbers:Current Rent: $2,950/monthAnnual Tax, Insurance, HOA: $7,000Mortgage (principal + interest): Roughly $20,832/yearWithout even factoring in maintenance or vacancy costs, you’re likely cash flow positive.

Investing in energy-efficient appliances, insulation, and solar energy systems can increase your property’s appeal and reduce long-term operating costs.By paying attention to these economic factors, you can make informed decisions about property acquisition, pricing, and tenant targeting, ensuring a more robust rental strategy.

@Beck DeYoungNegative cash flow in real estate investing can be attributed to factors like low down payment, high housing costs, and poor expense accounting.

Also factor in your ability to do more deals because you’re fully focused on real estate.

(Of course other factors can play into it, location, rates, how long its been listed etc).I appreciate it!

You just have to factor these in when you submit offers.

It’s designed with investors like you in mind—where rental income speaks for itself, and there's flexibility to match your community-driven goals.Feel free to reach out if you'd like to chat or share ideas.