Purchase price: $925,000 Cash invested: $200,000 13 Unit Multifamily property in the Waveland neighborhood of Des Moines, Iowa. pre-acquisition: 7% under MR and 15% vacancy/bad debt.

With such low rental yields, the return on investment (ROI) and cash-on-cash (CoC) return are negative when factoring in mortgage payments only, not including any other factors.In this market, it seems almost impossible to make a profit using traditional rental property investing strategies.

Rates will be 10-13%, depending on the terms.A HELOC can be a good tool to leverage your equity for a down payment without touching your current low-rate mortgage.

My goal is to spread my funds across multiple investments to grow my portfolio while keeping my down payments as low as possible.

Go to the neighborhood at 2 in the morning and see what is going on.

I live in a rural residential neighborhood that has recently been zoned medium density (townhomes).

This is neighborhood dependent though and also capital expenditure free.

Look at what similar homes are selling for that are rentals as well and what they're renting for in the neighborhood.

What is the strategy to refinance the properties if the interest rates do go low moving forwards.

(And if so, how do you prevent everyone in the neighborhood from using it?)