It is DSCR based and no personal tax returns are required to qualify.

And I'd argue the average rents can be increased nearly 30% based on the current FMRs in the zip code.

Sounds like you are going with a Fannie/Freddie type loan based on the cap of 2%.  

(aside from the 1 or 2 homes that have stunning overlook views).When building out your buy box, are you all using the averages, or are you basing your min/max on the cream of the crop listing revenues, even when there aren't clear reasons as to why they are performing so much better than others?

Then make your decision based on information.  

I’m based out of Lehi, Utah, and have always been fascinated by the potential of real estate to create opportunities and build wealth.After spending time learning about the industry and what it takes to succeed, I’m ready to dive in and start making deals happen!

Paid 12800.based on google mapsThe property is a mess.

Do you have a preferred type of property and price range you're looking for in general (knowing the costs can be different based on they market)?

I am local to Los Angeles - based in Orange County.A bit about me: I’m a civil engineer by profession with experience in local government.

Based on what I currently owe and how high rates are this doesn't seem worth it to me.Does anyone have any advice on what the best way to do this is?