Fortunately our tenant is excellent and we just renewed her annual lease for the second time.One other detail to mention is once we moved out of our primary residence we had to refinance the mortgage because our bank that carried the mortgage would not offer the same interest rate once the house was not our primary residence.The only way to truly know the answer to your question is to contact a credit union, bank, and/or mortgage broker to find out what you can qualify for.

@Christine Mwai - I am fortunate enough to have a broker who lets me keep 100% commission.

I am fortunate to have gotten in at the ground level.

I am a 35 yr old senior engineer for a fortune 500 here in the Seattle area.  

However fortunately the rates are still historically low.

Seller ends up with some huge judgement or tax lien and it attaches to your building :)Fortunately, the contract calls for a $250,000 breakup fee if he defaults. 

Looks as though we have the potential to cater to both of the demos you've put forth due to the very popular surf and beach culture Oceanside as a vacation destination caters to.That stated, our particular property is somewhat pricey for the average hipster unless they have a large group to pool expenses with which we've been fortunate not to have to deal with as yet.

I have been fortunate enough over my college career to pay off all my student loans and put away some capital (10k) for my first investment property.

I’ve helped handful of Fortune 500 companies during my career.

Fortunately, Cleveland is the market I cover for our firm and would be happy to discuss further.