After that, we are looking to buy maybe 1 or 2 more SFH this year. 

I warn people over and over and over to know what they are buying and to go personally see what they are buying. 

I did not come back to revisit this post from so long ago.I did not buy this property. 

I'm interested in flipping, and short-term rentals at the moment to build good cash flow, then pivot into more of a buy-and-hold/appreciation play 10-15 years from now.

The current average rent on the new buy is $925.

I also read forbearance negatively affects your ability to buy more property.  

Quote from @Jimmy Chao: I am weighing some options to help my younger brother buying his first primary with a fixer.

The type of home you buy determines the tenant you get. 

Why would someone buy now and make little money for the chance that the rates will adjust later?

This does not align with buying most buildings in cash.Once you progress in your investing efforts you may come across more UHNW individuals, family offices and institutions who would take the lower return for limiting risk (all cash deal).