Thanks, Scott, I'll keep pushing for the conventional.

Yang 60K would be pushing it, to my knowledge.

If there is push back and they don't agree to something that works for all parties, I would pursue them further.

One day it will wash away. 

While some deals may be negative cash in the early years, the area growth will push up both rents and home prices tuning the deal positive within a couple of years.In your stated price range (200K - 300K) you are likely to find some SFH and some TH but mostly condos (which are totally a cashflow play as they appreciate last).

Create a community about how you will change their life or lifestyle.As someone once told me:in absence of a product, an idea will usually be sold; when the idea is lacking, a lifestyle is pushed.

Firm foundation with cash only owned properties.I don’t believe in the blogs, podcasts and sales cashflow “guru’s" that push financing.There are hidden agenda's there and they make more money if someone can purchase more properties..Money makes money.

So instead of sticking to your typical balloon payment after 5, push back and try to see if they are open for a hybrid term to drag it out longer. 

So @Sheri Dell, I will push back a little on some of your points.

I had improved the property and pushed the rents to the limit, and now was moving on to other projects.2.