It gets you a $260-$280k house with "BP reserves" and normal closing costs. 

I’m also a long term equity guy, so just having tenant pay my mortgage is enough of a deal in current climate.On the positive rents are very high for this area and even this time of year when normally I’d see no leads for an open unit I’m seeing 1-2 a week for unit we’re remodeling.Good luck in the search and congrats for doing it yourself.  

Then compare that with your normal 30-year fixed.

If you want to do a little projecting and can see the rents returning back to normal (precovid with normal growth) then now might be a good time to grab one. 

So my folks that I fund do the normal stuff SEO  Direct Mail text and ( what I did) telemarketing. 

My personal bank will finance pretty much anything I want to buy in eastern TN for 10 percent down, but they don't like car loans. ??!!

Ironically it's normally the individuals who go to the greatest lengths believing they are protecting themselves who are the most reckless in the way in which they operate their real estate.

"California's homeowners insurance crisis is growing and spreading to car insurance"https://www.kpbs.org/news/economy/2023/07/07/californias-hom...

They are normally my quietest tenants. 

ANR is already on the rise and back to " normal" pre Covid and show no resson not to feel they will exceed that given time.