There are two types of borrowers that fail at a much, much higher statistical rate than any other...1) borrowers with little experience, and 2) those putting nothing or very little down.

I think it really depends on if you are able to increase that cap rate with value-adds post acquisition.

I have part of a 401K loan to payback and money borrowed against my HELOC.2) Maintain a yearly savings rate above 55% for 2025.3) Purchase another rental before the end of 2025.

Quote from @Armando Carrera: What ever happened to dropping interest rates?

Just not seeing a good use case for FHA these days other than the lower interest rate.  

There was very little immigration before 2016 for a decade and workforce decreased, and since then, there is a net gain of around 1.5 million.

Cost of doing business and making a mistake...learning experience.Be careful with what you consider "market rate"....

I’m sitting at around a 2% lead rate.

I don't think it's expected nor do I think it will get you extra business or higher rated reviews.

I understand the rate is competitive on the assumable, but having $300k liquid, you might as well do a lower downpayment and Buy down the rate.