I am looking at a very low positive cash flow given I have 5% down on a seller’s market and still higher than usual interest rates.

@Luke Rusten have personally used a higher price to get sellers to accept my seller financing proposals many times in the past!

Investment also spiked in Class A Short-Term Rentals (STR) and investors started paying higher and higher prices based upon anticipated STR rental rates, that exceeded sustainability based upon Long-Term Rental rates (LTR).

I think you could reasonably expect 60% occupied if you price it right, maybe higher. 

That makes sense that you are 1.5X in Denver @Luke Stewart, is your vacancy quite a bit higher in the summer? 

A late fee in Maryland cannot exceed $5 or up to 10% of the monthly rate, whichever is higher, and no more than three (3) late fees may be charged in a single amount.

And I would probably look at the smaller houses where you can keep your unit costs down but still rent them at a higher price point relatively speaking.

When I'm submitting a bid for a home purchase, I'm always estimating on a higher cost for rehabs.

If the estimates are higher or pick up things I didn't think of I can either back out of the deal or renegotiate based on inspection items. 

The market has softened as a result of higher prices and higher interest rates.Jobs in the zip code are mainly in the services sector, including retail, hotels, restaurants and entertainment and some light manufacturing.