Consider factors such as rental income potential, expenses, vacancy rates, and potential for appreciation.- Negotiate and Close: When you find a property that aligns with your investment goals, work with your agent to negotiate the best possible deal.By following these steps and staying proactive in yoursearch, you'll be well on your way to finding your first investment property inHuntsville, AL.

After calculating all of the properties, the average cap rate is around 5% and the COC ROI is always negative (I am putting down 25% for a DSCR loan).

Cash-flowing SFR's are tough to find in this interest rate environment without value-add rehab work or a large down payment.

It's been steadily growing in terms of population, rent rate and appreciation. 

Should I try to save more money and improve my credit for a better rate or try to get creative financing for my possible investment.

**Financing Risks:** High-interest rates on pre-construction loans can impact your overall return, especially with rising cost of capital.

I've been living in WA State for a year and have been learning my local market (I live about 45 min northwest of Tacoma on the Kitsap peninsula) while saving to buy my first property.The high home prices and high interest rates are making it challenging to find good deals.

Areas with good school districts, public transportation, and amenities tend to attract reliable tenants. 

It will increase tax rates on STRs from residential to commercial, so from 6% to 28%. 

Your federal income tax rate is 35%.