I can only come out of pocket to cover mortgage so long.  

It possible that the market will stay low for a long time.

Dave,Sorry I took so long to respond. 

Cheap properties are often the most expensive in the long run, and while they may pencil out with a $500 a month net profit, that's only $6K a year in "profit", and that disappears pretty quickly with a couple evictions, some damage to property, and a furnace that goes out.  

Many experienced investors are humming a long similar to prior to the rate hikes.  

Hope I live long enough to see your idea come to fruition.  

It can still qualify if it's a fixer-upper, as long as the rental income from the property can cover the debt service.

I’d love your input on whether this deal could appeal to investors and how best to structure it.Property Details:Worth: ~$300,000HOA: $273/month, Taxes/Insurance: ~$170/monthCurrent Rent: $1,880/month (long-term); next tenant advertised at $1,950/month.Mid-term rental potential: ~$2,400/month (I haven’t tried this, but it’s my estimate).My Financing Idea:Large down payment: ~$125,000 (This is my priority to reinvest elsewhere).Seller-financed balance: ~$175,000 at 4.25% for 30 years.Buyers take over taxes, insurance, and HOA.Questions:1.

For me and my goals, I focus on long-term investing in residential single-family homes in Florida and Georgia.

Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.