Also, good idea not to put it out there on the internet that you have that kind of equity, that will just attract more scammers!  

I am extremely familiar with the area, I know that it can rent long term, and it is perfect for my family's current needs.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

Online metrics can be good, but they wont paint the whole picture. 

Overcoming Common Financing HurdlesMortgage brokers excel at tackling challenges that often derail new investors:Low Down Payments: Brokers can find lenders offering low or no-down-payment loans, ideal for new investors with limited capital.Complex Income Streams: If you’re self-employed or have variable income, brokers can identify lenders that accept alternative documentation.Competitive Rates: Brokers have the leverage to negotiate better rates and fees, saving you thousands over the life of your loan.Pro Tip: Communicate your investment goals clearly with your broker so they can tailor their search to your needs, whether it’s a short-term fix-and-flip loan or a long-term rental property mortgage.3.

Metro Atlanta, generally speaking, respective markets 30 to 45 minutes from the City, will be tight on cash flow unless you implement a creative investment strategy, such as short-term rentals, medium-term rentals, or rent-by-the-room properties, or allocate at least 30% to 35% towards your downpayment if you intend to hold the property as a long-term rental. 

While cash flow is always a plus, I prioritize long-term appreciation as a key factor in building lasting wealth.I’ve noticed that many investors focus solely on cash flow without considering long-term wealth creation.

Pittsburgh is a good market to make money in now cash flow wise and has good upside as well if you know what you are doing. 

And it often works because they are often working such long hours they are almost never home. 

Some exceptions can be made but the only real way around it would be to get a solid cosigner for the loan with a good W2.