If it discharges 5 foot from the building and there is a low spot running back to the building, then it is going down hill back to the building.

If my spouse wasn’t opposed to moving I would try to buy a new house hack every 12-15 months and use low down payment owner occupied loans for as long as it made sense.

BUT The points they charge and interest are both way higher than normal, on some deals I ran numbers the points and interest were going to be 20k on properties where the ARV is 100k so you have to get properties at such a low price to make it work that it is so hard.

I usually have very low turnover so I was hoping to organically grow my presence and name brand so that I had more visibility in the marketplace.

It could cause a low spot where things slow down and then it all compounds until there is a clog.

@James Tobin  yes FHA will be a very low downpayment option for you.

The outcome was a beautifully furnished home in a prime location with a low mortgage that generates consistent cash flow.

Much like other markets in the Midwest, investors go to our market because of the low barrier to entry.

What they will offer you is an appliance package, or closing cost help, or a low fixed rate loan. 

. - Once an owner knows what materials are being used, they can then check pricing at Home Depot, Lowe's, etc. - Some materials for bigger jobs, like concrete, are harder to check pricing on.