I've done this with my properties because I'm well known in my small town and don't want people to know what I own.

And how much would you have spent in time and money to even find a deal?

I want enough money coming in so the business can sustain itself when issues occur with maintenance or vacancy.If you wanted to do this with only 20% down ($46,000), which is all you need for a conventional loan, here is how the calculations change.Total mortgage + escrow $1,493.33 per month with cashflow reduced to $306.67 per month.I prefer to overestimate purchase price, interest rates, and homeowners’ insurance to be conservative.

Let me know if I can be of assistance.   

My brother lives in La Jolla and I know hundreds of investors in coastal Southern Cal. 

How many $800-$1.2mil homes sold in Amarillo in 2023 and 2024 and did they look/feel like this one. 

How do these people sleep at night?

How are you sourcing your leads?

How many/what's the % of units owned by investors?

It's going to depend on the lender, how it's titled and what kind of refinance you are doing.If you're doing a conventional cash out refinance, a lot of lenders are going to require a 3 to 6 month seasoning period prior to refinancing and it will have to be rented first.