I would caution and encourage you to look into the general cost of living difference from where you currently live and where you are looking to move.  

Partner Driven financed the Greendale Lane deal using its own capital, covering the $165,000 purchase price and $35,000 in renovation costs.

Hello BP community,I'm interested to learn what most investors do with the portion of rental income commonly set aside for cap ex, repair, and vacancy costs.

However, the high-interest rates are significantly affecting my operational costs.

If you know the market and where to price your property, a listing agent is really not going to add a lot to the process and will cost you 3%,  Now before I get blasted by agents posting how mush they add to the sale on the listing side, I will say that if you are not familiar with the sales process, maybe you need to pay the 3%. 

Refinancing doesn't make sense as I'd effectively double the current interest rate and have additional closing costs surpassing the PMI. 

The cost of trash removal is really a big burden on tenants, who in turn make that the landlord’s problem by keeping stuff in the halls, porches, and basements.

*Risks:* There are risks such as unexpected renovation costs, longer holding periods, and market downturns affecting the sale price.

It takes a ton of money invested to make up for a $35k startup cost. 

Oh, let me count the reasons, stark and clear,Why in the Rockies, dreams might disappear.Firstly, time's dance, a tango unforeseen,Delays and setbacks, patience in between.Secondly, budgets shift in mountain air,A treacherous venture, costs rise with care.Like winds that howl, a financial plight,Draining pockets in the mountain's height.Thirdly, expertise, a crucial call,A craft refined to prevent the fall.In rocky realms, build cautiously,For seasoned skill shall guide to victory.Oh, let me count the ways, with wisdom's might,To pause the dream, build in clearer light.Where were you CountTheWaysGPT when I needed you?