What markets are you interested in investing in, your target market?

Have you decided what market will you be focusing on, and do you have a particular strategy in mind? 

The market has gotten a lot more competitive in recent years.

The good thing about the houseGood monthly cash flowGood interest rateIf its a headache property, I would sellIf it doesn't have much maintenance and you have good tenants, I would keep it.If you do decide to sell, you have about $200,000 of equity which you can buy 2-4 houses with when the market is more favorable.

While I'm well-versed in the Australian market, the U.S. market is completely new to me.

They could be your insight into off market deals.

It was on the market for a long time because it didn't qualify for conventional financing will it being unlivable. 

Lexington is a weird market with low occupancy, 90-92%, and there aren't many assets in the market.

And this market 100% of the sellers have paid it (my market). 

I would never advise my customer to take a 5 YPPP considering we are have been moving into a downward trending rate market since 2024. 3 Year Prepay Max but if you plan on doing renovations or taking cash out on the ARV then a 1-2 YPPP would be Max.I would also advise buying the rate down before you decide to take a 5 YPPP using seller credit, equity or closing funds.