OTOH he wouldn't have to finance the land purchase or the demolition at today's interest rates.

Look for places that appreciates even when interest rates were at their highest.

I usually tell my investor clients that if the building itself will be in a flood zone (not just parts of the lot), it's not worth the investment unless it's a steal and you're able to pay off any mortgage easily if flood rates rise ridiculously (and you can afford to pay for any flood damage, yourself). 

A leak that just happened, or seen/caught shortly afterwards, usually does not have enough time to leave behind the chemicals and moisture needed to form mold.Like was said, a small sheetrock repair is cheap to do/fix if you want to test it yourself. 

Has anyone closed these new 40 year DSCR cash out loans I see advertised as fixed rate options? 

The cash-flow were getting is not justifying the amount of work going into BRRRR type deals (at the higher rates). 

The issue here is that with investment rates as they are, I'd have to put more down (25% vs 20%) and then I'd be left with a long road to rebuild or repay that downpayment before I could repeat. 

Looking to purchase my first home and was initially going to go the traditional fixed rate mortgage without buying down points with the assumption rates will go down in the next year or 2 and I will just refinance.

And when they cut rates, the demand should increase as people who could afford to wait enter the market to either trade or to stop renting. 

I’d advise you speak to a CPA as well, different trusts bring along potentially different income tax filing results.The maxmimum income tax rates on trusts are also reached far earlier than they would be on a personal income tax return.Generally trusts and LLCs serve different purposes as well (i.e.