So, in your case above 5.5% would cost you 3% or so of the loan amount (the exact number would depend a large amount of factors about the loan and borrower) to deliver that loan to the investor. 

The property will have to carry the full operating costs and debt obligations by a factor of one.

Hopefully, this first investment will launch our journey in real estate.Here are some criteria we have in mind:Not in downtown SacramentoClass C+ or B location, since we will be living in one unit (we just want a safe location)Units with shared walls, not ceilingsSeparately meteredFairly renovated or well-maintained (not a fixer-upper, but if one unit is renovated and the others need some work, we would love the experience of fixing and renovating)Can you think of any other factors we should consider?

The way in which the entity is operated is the critical factor. 

The financials of the property and applicants investing experience / credit history will factor into the proposed terms for the purchase. 

There are a lot of factors that go into the pricing of a loan such as loan amount, purchase price, credit score, income documentation type and property type. 

So, I don't think comparable sales of properties that can be built on would be very useful and non-buildable lots are likely to be all over the map depending on a wide range of factors making each of them unsuitable for building.

Cape Coral can be a promising location for real estate investors, but like any investment, it requires careful consideration of various factors.

Hey Ashley,Section 8 provides a subsidy to low-income tenants to help cover their rent, with the amount varying based on factors like local housing costs and tenant income.

Seasoning was not a factor.