High credit scores and low DTI are often required…and these take much longer than I first thought…Navy might take 45 days to get through the gauntlet.  

One fast way to generate cash flow is to invest in high cash flow, low appreciation markets (say several midwest e.g.

With rates high, I don't see much changing in the market as buyers struggle to afford a mortgage. 

Sometimes they forget to tell you that many tenants in Detroit don't pay (depending on the property manager skill and the type of tenant) - but taxes are very high in the city and so is insurance. 

Some high and lowlights:- I had one tenant that brought German cockroaches in and then blamed it on me- Same tenant asking if her daughter can visit but failed to mention it was 5 more very noisy people- another tenant having constant loud arguments with his gf- tenant saved some of my stuff when the house flooded due to a pipe burst and another time during a monster rain storm.

Sorry you had to go through all that Spencer but thank you for posting for all of us considering paying their high price tag for services  

No lender will lend that high leverage. 

Some of the national data sites have pricing suggestions that run both high and low.

This is a fine needle to thread because at this size, you very quickly start competing with high net worth individuals who are seeking summer homes. 

@Philip AndersonMultifamily properties in Ventura can perform well due to the area's high rent demand, but inventory can be tight.