The primary purpose of lower interest rates is to increase your positive cash flow, not to reduce your losses.(2) Short-term (STRs) or Medium-term Rentals (MTRs)I suggest you look into short-term or medium-term rentals as they tend to have higher cash flow compared to long-term rentals.

Those who couldn’t keep up with the Blackstone’s and the American Homes for Rent, etc, so while the big guys had rigid guidelines to go by, the small to mediums had to broaden their criteria.To the smaller guys, we actually created a sales letter presenting ourselves as a boutique wholesaling group that would take their criteria and them off market properties that met their requirements.While we got multiple funds that we ended doing business with, we found one group in particular that jumped on our offer.Of the 360+/- deals we did annually, We ended up doing over 300 to the one fund who began putting in monthly orders each time a train h of funds came in.While we didn’t make huge spreads, we made up for that in volume.If you would like to see our sales letter, feel free to message me.

This doesn't mean put the property on at $325K and wait 6 months, but the trick is to find the happy medium where 12 people come through the 1st two weeks on market, and one or two are interested.  

Further, medium term rentals will be highly impacted by economic changes.

Medium income around $45k-50k and mostly blue collar.

The money inside the policy grows but is invested and managed by the insurance company, not you and get a medium but steady rate of return.

My personal preference is near corporations and/or universities as I like to increase the potential for a consistent tenant base.If you want cash on cash, medium to high (this I relative) purchase price for a small multi-family and strong appreciation over time (no guarantees, but going off of historical data), then an area I invest in is the Rocky Mountain region.

In both cases, you would end up with a separate housing unit that you could live in or rent (long term or medium term). 

Your vacancy rate on midterm rentals / medium term rentals, should only be 10% or lower if you are doing them right.

However, buyers who have a full understanding of the licensure requirements and know how to plan their rental strategy (short-term, medium-term, long-term) will be very successful as this little known market appreciates on the back of the fast growing Port of Savannah.There is a licensing requirement for Savannah’s Historic District and also Tybee Island.