Most lenders will not approve under $90K to $100K because it violates high costs rule.

Hello all, I just wanted to share with you a piece I wrote about BTR trend in Sunbelt states...would love to hear your thoughts about it.The Sunbelt states of the United States are currently experiencing a housing conundrum, a cocktail of high interest rates (approaching 7%) and dwindling housing supply that's reshaping the real estate landscape.

I don't think it has as good of cashflow than Cleveland, but there's still some good cashflow opportunities out there and the rental demand is very high.  

For my Mira Mesa Rental( 2b/2B Condo) i easily find good quality tenants(High credit score and stable  job) through Zillow.

By paying off high-interest debts such as car loans and reducing your HELOC balance, you can free up more cash flow and improve your debt-to-income ratio.

And, I can benefit from amortization and appreciation over the long term.Best of all, my investment is inflation-protected: As overall prices go up, so do my rents and my property values.Your HYSA simply can't compete with a quality rental property investment.

It almost seems to good to be true to be able to get the same returns as a Certificate of Deposit.https://finance.yahoo.com/personal-finance/best-high-yield-s...

Look for a wet or low spot or look for a high spot.  

If you decide to move forward with them I highly suggest you alert them to the fact that you will be recording all phone conversations, and do just that.

The high bidder by definition may be overpaying for the property.