Unless I think I can time the market, I am going to keep deploying my cash in something better than that.I am also bearish on treasuries, which I think will generally see yields rise (and values decline) on anything with longer maturities (yield curve normalization and long term downward pressure on the ratings/"safety" of US gov't debt).All excellent points- I agree with you on assumable mortgages, but I think the challenge is that most of those are owner occupy and the banks typically won't allow them to be assumed by investors.

I typically advise to buy as big of a home as you can.

I typically don't recommend what you are doing until you have a large enough portfolio.

Not sure if you're still looking but, condos can be a solid investment for long-term rentals due to their typically lower purchase price and less maintenance responsibility, as many exterior tasks are handled by the condo association.

Typically a worthwhile real estate broker will save you time through efficiency and add at least equivalent value in actual dollars through effectiveness.  

Hey Steele - While some lenders may offer 80% LTV, it's typically a more challenging qualification process, so just keep that in mind.

Once you know your price range and what you want to put down if using financing you can typically have a bank approval same day.Once approved if not paying all cash you talk with your agent or even self-explore and use the listing agent in most cases.

Someone is lending you money, Typically 12 + 3, Good luck 

I've done dozens of renovations now and I still use the 20% buffer and because of that I'm typically able to come in at or below my budget.  

When choosing a hard money lender, investors typically prioritize a few key factors.