(Not that they actually set mortgage rates - but they influence them.)You now know that as you look at 2/1 houses that anything priced near or above $145,000 isn’t worth pursuing in the short term… so you look for ones that are cheaper than that.  

Being a long term rental investor, I was curious what your minimum investment criteria are in mid-2024.  

However, I have not built my team yet (real estate agent, lender, property manager), and I’m not sure about owning a property I cannot visit and monitor myself, given my inexperience as an investor.Economic Outlook: I’m a bit concerned about the economic outlook but can hold onto the property even with lower rent.My Questions:1- Should I sell the property now and look for better deals, considering the declining market trends and my decreasing cash flow?

Partnering with experienced investors can provide valuable insights.5.Creative Financing:Explore creative financing options like seller financing or private lenders to secure better terms.6.Rent by the Bedroom:In high-demand areas, renting by the bedroom can boost your rental income significantly.7.Local Market Analysis:Stay updated on local market trends and network with other investors for insights and opportunities.Always analyze potential investments thoroughly and run detailed cash flow projections.

Idea of long term buy and hold investing, building up equity & future cash flow.

The tenant is obligated to all lease terms until a new lease starts.

In fact, many subsidized housing tenants take great care of the property because they risk lousing their voucher if they violate lease terms.  

I've only had short term guests through VRBO and did not have require background checks.

All the contracts, terms and conditions were signed by both parties and the title company even validated the purchase price weeks before closing on the title commitment.  

I have a commercial building that is short on parking.