HI Jewell,If you were to use FHA again, this could trigger the FHA 100 mile rule + 1.75% upfront fee, however with a few exemptions Indeed FHA allows you to put 3.5% down payment to invest in 1-4 units.

So I am hoping to pull the trigger on a fix and flip in the coming month or two so I can finally go from 0-1!

Chris, Agreed & I see a VERY low probability that interest rates will be in 4s or 5s in 2025, so those deals with variable rate debt will likely continue to bleed. no chance rates will be in the 4s  potentiall higher or mid 5s though.. we just locked in a 6% so getting close. 

Cameras, security system, motion lights, cage lock on hvac, etc.They were stolen cause it was vacant and had a for sale sign.   

Each bedroom has a electronic combo lock. 

Play with numbers and today interest rates to see if it makes sense for you since you’re locked in with a good low rate.

If they are gone, change the lock and start the move out procedures and getting it rented again. 

I suspect they will go up in value and I locked in the interest rates before it jumped up too much a few years back.About three years ago, I sold a couple of piggies as well.

Placing order for 300 more self storage locks in case China gets shut down or tariffs come into play.  

One loan was locked at 6.9%, the other at 7.1%.