What are the stats on properties there, price and rent range.

To estimate closing costs and monthly expenses for a multifamily property, closing costs in New York typically range from 3-6% of the purchase price.

Depending on the price range we generally offer $2,500 towards cost/buydowns for a preferred builder partners but our partners generally match that if not greater than. 

Any competitive DSCR program is going to be in the 90-day seasoning range for allowing a refinance based on the newly appraised value.Your 9-month seasoning should not be an issue, barring an extremely unique situation (like inheriting a property or having it gifted to you).------------------------------------• 0-6 Months (Delayed Purchase, no Rehab completed) - up to 80% of purchase price• 6+ Months (Cash-Out Refinance, no Rehab completed) - up to 75% of appraised value• 0-3 Months (Cash-out refi, Rehab completed) - 75% of appraised value [good rates]• 3-6 Months (Cash-out refi, Rehab completed) - 75% of appraised value [best rates]

It seems there are a few other parts of Jacksonville with similar budget range and that could be viable, anything near the beach is definitely out of the question with my budget. 

The average LTR for the area for a 2 bedroom ranges anywhere from 2400-3400 (in the summer) the town I'm in is an extremely sought after place to visit also it is very close to D.C so rent tends to be on the higher side.

Go with a smaller rental and you should be able to find something in that 300k to 350k price range.   

Current interest rates were in the 8-10% range.

However, this data is bound to change post purchase.

Property details: 3 bed 2 bath both sides with attached garages, aluminum siding, copper plumbing, 1972 construction, separately metered, all electric water heater, range, dryer, public water and public sewer on a slab foundation in a great school district right next to brand new construction everywhere.