For me I wanted to lean more on the cash flow side since I quit my W2 in August of '23.

The first property sounds like a winner from a configuration standpoint, rate, location and cash flow.

Along with the FHA loan, check out the loan from the Neighborhood Assistance Corporation of America (NACA).NACA was formed in 1988 and provides an affordable option for potential first-time buyers:✅ No down payment✅ No closing costs or fees✅ No mortgage insurance✅ No consideration of credit score✅ Below market fixed interest rateThere are several requirements to be eligible, starting with attending one of their workshops.https://www.naca.comI wish you all the best.

I suppose on some massive apartments it might be a different consideration, but even then I would not build any systems to calculate the interest mid month for purposes of determining equity/net worth. 

The extra income from the extra units might allow you to do more than break even in saving some of the cash flow you would usually have to put out. 

I looked at Parma but it’s kinda hard to have positive cash flow now with the conventional loan route.

You'll find the bar has been raised considerably, especially since more and more STR hosts have pivoted to the MTR space with their properties.

I wouldn’t be so focused on interest rates and more so focused on where you can find a good deal that cash flows and increases your ROI.

I've often heard BP use the terms "Cash Flow markets" and "Appreciation markets", and they are generally referring to low-priced markets as "Cash Flow" and high-priced markets as "Appreciation".

We wanted to get under contract on a property that could bring cash flow down the road.