Here are some examples- 3/2 in class a rents for $6k in my market.  3/2 in class c- rents for as low as $2.5k.  

Hi @Shibu ThomasThere are many garden level apartments in my area, They have low ceilings and sound similar to what you are describing. 

Having someone who has owned and operated a similar asset is worth its weight in gold. 

From my experiences, I would not take on low end rentals and all the risk and work they entail if I had the budget for a solid middle to higher end option.And finally, as you do start looking more seriously at actual properties, bring your questions here and weigh the various answers you will get.

I am hoping for lower interest rates but I calculated I would need the rate to be low 3’s to break even.  

I've been looking at off market properties in Austin TX and the surrounding areas and have seen that due to the high demand so to speak in this area the prices for a BRRRR property would mostly be around $300K or more, with the exception that I've seen a few properties in the low $200Ks.

Maybe this is naively low.

Invest in Opportunity Zones: Reinvesting capital gains into Qualified Opportunity Funds, which invest in designated low-income areas, can defer and potentially reduce capital gains taxes.6.

You can see @Cheryl Vargas: @Desiree Alvarez: Discussion above to see how "gator lending" is sold to unsophisticated lenders.According to the guys in the video, these loans can be as low as $1,000 for a non refundable emd.

I have some properties on low rates 2-3% range which I'm in no rush to pay off.