Would it make sense to save up money to buy something cash, finance, wait for market to cool down, etc.

@Yejin Mun, I would say it depends on your market. 1.

Hi @Kathleen Park - In my opinion, any type of HOA fee should be paid for by the housing provider, but if you want to account for it in the rent (if the market allows), then increase the rent by $100.What does this TAP program do, and what's the purpose of it?

I have analyzed a few deals in the current market, but I have not been able to find a single one that will produce a decent cashflow. 

We knew at the price the house would cash flow, then the house market went crazy and rental prices went up tremendously.

Quite often I see the seller requiring some type of downpayment, with interest only payments (usually higher than market rates) for X years, with a balloon payment due at the end of the term. 

I'm not sure about other markets/states/cities etc., but here in Pittsburgh, PA I see a ton of listings marketed on Facebook.

It will still be a period of time before rates start to come down further and it will take months before it is felt on the for sale market.

After analyzing the local Mercer County market I've noticed there are not that many MFH that are desirable meaning cash flow can occur, but appreciation, schools and good tenants will be at risk.

I think the AirBnB plan is very interesting and while I don't know Warren's market specifically, I will say that I could see the uniqueness turning some eyes to it.