At your price point there's a few areas that you could get into, but you'll need to keep in mind you'll need to have some extra funds for making any renovations you might need to maximize the property. 

Its really going to come down to multiple factors, including your personal situation/strategy but it appears you are definitely thinking about things in exactly the right way.I'd say since it doesn't seem to be an "urgent" need - I'd advise talking to some lenders and since the rate environment is still moving quite a bit, settle on a interest rate / points combo that is "your number" and when market rates move down to that point - have the lender contact you and get ready to go, and just wait until that occurs

Find other arbitragers and "buy a listing from them" Whatever you do keep hustling and keep offering value! 

It protects personal items from fire, theft, or water damage and even includes liability insurance if someone gets hurt while staying at the rental.

I personally would shy away from All State and State Farm.

It seems like most are struggling with how to get cash out while keeping their low primary mortgage.From my personal experience, we are invested in about 40 MF syndications. 

I personally wont give a wholesaler a non refundable deposit.. if the deal cant close for some reason they will normally ghost you.. this is probably new western or one of those outfits.. who rely on FOMO high pressure to get the deposits up front and released like that.

@Jim Johnson yes you can ask for personal connections but also set up Alert words so you can focus on your specific area of interest

Say what you want about that but I'd be looking out for myself and if the person doing the reference checks isn't smart enough to go back further... that's on them.

Is this something I should just give in to and provide every few months to keep a good tenant?