@John P.9.9% financing and do not finance for more than 10 years is my recommendation.

If 1 out of 100 people is approached with this same option, and only one of them says they were highly successful at the option you are dismissing as "cheerleading", guess which one I'm following.The majority isn't always right, they're usually just the timid, and feel justified because they are surrounded by others just as timid.

I founded First Access Lending to provide access where others can't.I can write second liens up to 80% CLTV on investment homes, sometimes with rates lower than cash-out loans, AND you get to keep the low rate on your first mortgage.The products are rare, so I'm not surprised to hear other lenders saying they don't offer them and/or recommend other products.Let's connect, and I can give you a quote!

Its a difficult and costly process, but usually lead to high returns if done correctly.Im in Central FL, so this is from my experience.

@Mike Farr I have not used any sites like been verified however you can go to the county clerk's website for the county where you are buying the property and search the owner's name and that will pull up a list of any liens that are on the property.

In fact, using cost segregation results in an unusually high depreciation deduction, which IS an IRS audit flag.

I would recommend budgeting at least 4-6 months of working capital for the property.

I highly recommend starting by tuning in to the BiggerPockets podcast.

My recommendation would be to tell yourself you are going to do 1 real estate investment related task a day / every two days / every three days (whatever that cadence looks like for you).

Some great resources would be here on BP, passive pockets, SEC edgar site (for example you can review Regulation A fund offerings as well as their financial statements to understand how to read audited financials).