However, a huge portion of the extra monthly payments would be offset by new rental income from my current primary residence.

For me, I had no goals but found that two of the deals that I did, the seller looked me up on FB and said that they felt good about me pretty much because they got to know me through videos / posts that I made and I suppose that it built trust with them. 

Also it meets the 50% rule. 30 year mortgage at 7% is a payment of approx 323. 925 rent - 462 (operating expenses)= 462; 462 - 323 (debt service)= 139 cashflow.

Section 8 comes with guaranteed rent payments straight from the government, which is a huge perk.

@Ramada Evans- 1) if buying as a rental and  financing it - your down payment will need to be a min of  15% of the  purchase price   ( so thats either  30,750 at 205K price or 32,850 at the 219K price ...so  not much of a down payment  difference   2) if it appears that there isnt much competition  or interest in theproperty - the lower price might be OK   3)  you might also consider   asking the seller for a seller  credit you can use towards some of your loan costs   4) get pre approved  if you arent already pre approved 

The Go-Giver: - “Your true worth is determined by how much more you give in value, than you take in payment”The Voice of Knowledge: - “It’s not important to be right, or make others wrong.

With a trusted team, you might avoid delays or unexpected costs.Advice: If you lean toward BRRRR, build a solid local network.

Tasty Trade is a brokerage that has allowed IRA LLCs/Trusts to open brokerage accounts. 

But if it’s money out of pocket for down payment (primary vs investment) there are definitely ways around that.

*Tenant payments via ACH not deposited into a Baselane Banking account will incur a $2 fee.