That gets me to my catch 22.My wife and I are hoping to get into VRBO world so we can enjoy and make more cash flow than we are currently making, but I'm wondering if we should put that off 18 months, rent out the property again and then reconvene at a better time or suck it up, lose a few thousand off the asking price and get moving on our goals...Financials - We owe 143,000 on the house (refinanced to conventional from FHA right after the seasoning period), it rents for $1850, mortgage, taxes insurance, HOA is $956, we just sunk $11,000 into carpet, paint, landscaping, replaced a vanity to get it ready to sell and I fear renting we might have to redo a couple of those things. 

I'm not sure that a conventional loan can be below 5% and if it's an FHA loan, you're required to keep PMI forever or refinance to a conventional loan in order to have it removed.That said if the loan is conventional, you have a few options. 

You can design the deal to recoup the lost rent on the front side, build some equity toward your down payment if you're purchasing conventionally, and set things up with the tenants to gradually increase the rent so they will stay beyond current lease term.2

Everything we have been doing so far has been very “conventional “ from our home searches to our finances and we are slowly learning that much more creativity is needed to get us to where we want to be as investors.

The rating is based on that state's current inventory and average days on market.

My goal going forward is to scale up, buying as many properties as possible by any means possible (conventional or creative financing). 

The rating is based on that state's current inventory and average days on market.

Hey BP folks,I want to start getting my feet wet and learn about building new houses as rentals as local market inventory is so low.

If you're looking to house hack you can do FHA or conventional financing depending on how much of a down payment you have.

I'm not flipper in that market and it also depends greatly on the property so I can't say for sure where you should be aiming, but if you're simply looking for inventory at a great price, find a reputable wholesaler in that area and see if they have any deals.