The lender my agent put me in contact with is telling me that rates for an investment property are currently low 7's with 2 points. 30 yr fixed no Interest Only.... 

Yes, Cleveland has a ton of multi-family homes, the schools are pretty low rated.The suburbs have less duplexes but the school systems are a bit better.

Pretty sure she is referring to The Island in Pigeon Forge just off the Parkway near Light #3 (between the Parkway and Teaster). https://islandinpigeonforge.com/

Hello friends,I found a seller financed listing where the seller is asking for a significant premium on multiple homes, but they are open to low interest rates and 40 year terms.

Low entry, limited inventory on market, a quick 2-3 month project How did you find this deal and how did you negotiate it?

. $950 income for the entire month seems quite low and probably justifies your concern.

But I don't see any low hanging fruit in any niche in real estate investing any more. 

I'm seeing DSCR rates start in the low to mid 6's! 

Richard Low, the short answer is Yes.

Just my 2 cents on condos, as a PM and broker in FL:1 - Most do not work, whether restrictions on lease duration, or due to the numbers because HOA fees cause low ROI.2 - Check rules in your state to make sure you are grandfathered in case HOA changes the rules.3 - Most SFR do better than MF not just because of HOA but also because there are low barrier to entry for 1,2, even 3 bedroom units.