Hey Trevor,Man, this situation sounds incredibly frustrating, especially since you’ve clearly done your due diligence on this property.

I would advise you to save up and purchase a house.I'd look for a lower end inexpensive house you can afford and make it a LTR.

Also, ask your agent for recommendations—they often have relationships with dependable contractors.Look for areas with a mix of affordability and growth potential.

They were not terrible, some people would call them C minus, and it wasn't even that much about financial considerations at the time (appreciation was not a thing back then in Milwaukee) but just not what I wanted to own or manage, so I sold them to them tenants - after quite a bit of financial coaching to get them to qualify for a loan.My standard advice is always to buy the best quality property you can afford.

OP said: It’s frustrating, especially because our due diligence came back clean, leases were solid, and the property had just been fully renovated.

This my friends on BP is just the reality of Real Estate you have two basic methods One mom and pop keep their day jobs and start buying long term hold rentals as they can afford them and if they like it they keep at it..Two you jump in the game and try to make money transactionally IE RE Broker  Flipper Wholesaler MLO  leasing agent etc etc.. this also is a long term ramp.. what the Guru programs attract generally speaking is those that get excited think they can somehow buy a program ( any program pick one) and its going to jump start them to this mythical financial freedom everyone talks about..

There is no lack of affordable homes.

Needless to say a bit frustrating but I learned a lot through the process.

Can I afford to wait?"

They’re affordable and a hit with families and groups, especially for evenings or bad weather.