Currently I think 200k being the upper limit of investment makes the most sense and is within my risk tolerance range.

That will be a determining factor for where it makes sense for you to purchase.Regarding waiting - bear in mind a lot of people were predicting rates in 2024 would be in 5% range or low 6s, which didn't turn out to be the case.

As far as Lance Kawaoka's claim that the reason there wasn't much response to a post about checking on the quality of a large, well-known, super-markety sponsor is that members wouldn't want to declare that they are a high net worth individual just doesn't hold water.

The best defense against rats entering your property is to seal off all entry points (holes, cracks in walls), remove food sources (dirty dishes, food left in trash cans), and water sources (like leaks). 

Do you want a company that will keep the long-range investment objectives in mind or one that focuses on today and today's profit alone?     

The current owner is letting me take over the property as a tenant as long as I pay the water bill and the mortgage payment on it and whenever I decide I can purchase property for the balance of the mortgage  they are in no hurry for me to purchase the home as long as the mortgage is paid. 

- Do you want an ocean view, or is proximity to the water or to resort amenities like fine dining or shops most important?

When looking into it, the basement had water damage that didn't worry us since we knew how to remodel that area ourselves.

So, if your property has all bills paid by the tenant, you will deduct from the voucher amount the set amount by bedroom count for items like water, electric, gas, etc.

I am looking to stay in the 250-350 range.