Just make sure to fully understand the loan terms, especially the interest rate and repayment schedule, so there are no surprises.2.Condition of the Property: If the property isn’t in really rough shape and you were able to get insurance on it using a 4-point inspection and wind mitigation, you might even qualify for traditional funding options like FHA, Conventinal, VA, a cash-out refinance or a home equity line of credit (HELOC).

Whoever gives me the most business and has an excellent close record will first be presented with off-market opportunities. 

With rates high, I don't see much changing in the market as buyers struggle to afford a mortgage. 

This deal leveraged strategic financing, value-add renovations, and market knowledge to deliver a strong return.

I would just be careful hopping back in now as interest rates and low inventory are making it very difficult if you aren't finding your own off-market options to buy.

Assumed nothing could possibly go wrong in the next 5 years what you want when you look at an investment property is to know the current rental amounts, specific expense items, and conditions of the building, grounds, and mechanical systems.  

Together, we have over $200K (mostly in stock market investments), and our parents may help with the down payment.

I try to evaluate a unique property 2-3 different ways, then make a highly educated guess based on my knowledge of the market.

My condition was that they rent the house for 1% of the costs and sign a 3 year lease.

Market Conditions: South Florida has a dynamic real estate market.