You can refinance into more traditional loans later, but that initial speed matters.

We purchased July 23, it’s a remorseful purchase in terms of quality (new build, got a 5% interest rate). 100% NOT our forever home. 

The FF rates in my zipcode are higher than I expected and their quality is less than what I'm bringing online! 

@Kris Lou Be careful with agents as 95%+ of them really only know how to handle owner-occupied transactions.We don't do biz in Indianapolis, so this is unbiased info we hope you find useful:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Nobody likes to work hard in the heat.The biggest concern in the past has been winter, but 2024 was the warmest year on record and we have seen +3F on average in every season, which really took the edge of winter (you can call it brown grass season now) while summers are pleasant 75-85F.The cost of living is low, yet the quality of live is relatively high.

If this is a "store bought" fire place (not a wood stove) then usually only processed presto logs are appropriate because they burn at a constant speed and keep the heat down.  

Time, Quality, or Price- you get two out of the three.

Some people will say, "Take out a quality Insurance Policy and you will be protected."

There is no high speed internet available yet and we haven't sprung for Starlink.  

Buy quality assets with NON section 8 tenants that have 700 fico scores thats safe bet in the US>  And what I do ..