You could give the tenants 2 or 3 color options that match the existing color scheme and let them make the final choice so they feel like they have a voice in the process. 

@Mike HassonI believe all the insight you have received is very smart.

Obviously, interest rates in general have declines A LOT more than the decline in my target yield.In 1981 I had my choice of notes.

I suppose the smart starting point to work back from is the DTI ratio.  

As much as I rather not go through this I guess I have no choice but to because of these tenants.

No Nick, I meant my broker let alone any broker never took the time to tell me I can wholesale properties and make 100% of the check.Only someone very slow minded will not know someone is taking half their check… Silly to try and make it seem like that’s what I was saying when I’m sure your a smart man. 

You will need to get a local, rockstar Realtor, contractor, lender, and property manager. https://www.biggerpockets.com/blog/core-four-real-estate-team As for picking a specific market, I would choose one that has job and population growth with a high median income, and Columbus, Ohio is a great choice.

But I guess that understanding how much you can get a pre-approval and what type of loan you can get will be a smart idea.Good luck!

To your point, contacting agents outside the area code is a smart move.

If you put your money in property, it is all about playing the long game because real estate investment is a smart way to balance your financial portfolio.