First-time homebuyer-level SFHs are such a sweet spot for liquidity and demand, especially when the market gets tight.Quick question—when you're doing the homework for a potential deal, what's your go-to checklist for deciding if it’s a flip or a hold?

I think you'd really have to work hard by mining bitcoin, leave the windows open in winter with heat on full blast, or something similarly unusual to exceed the cap. 

When I do it at 20% down, I can only find negative cashflow, so I could be looking in the wrong spot, or I need to put more down, or I am missing something all together.I have read that making a 8% return or higher is what to look for, and I can find break even.

With a 3-5% down FHA loan, I snagged a cozy home in a hot spot, worked from home to play handyman, and created a hedge against the "what-ifs" of life.

We have Clearwater, Saint Pete and Indian Rocks beaches that are hot spots for STRs.

I’m currently looking in the Milwaukee, WI area—it seems to be a great spot to invest.

Use your superior knowledge, experience and analytical ability to spot something in a property being offered for sale that everyone else has missed.  

It’s awesome to hear you have a connection to Montana—Bozeman is a great spot!

Wow, that’s a tough spot, and it really sounds like you tried your best to meet them halfway.

And you can determine the sweet spot for pricing your place based on comparable properties that are your competition."