In a more general sense just getting started is the biggest hurdle.

What would be a fee that makes sense?

Makes a lot more sense now.

@Cenddie AlabanThis is a problem more common than people realize.It doesn't take much to build credit.

I have warranties on other properties but am starting to think it might make sense to just pay to tent when needed, rather than paying several hundred dollars a year for the warranty, as my parents did.

This is a good point and IF the tankless is actually cheaper oncevyou factor in lifespan, then yes, it would certainly make sense.

If you think $100k would still make sense why not start at somewhere around $80k and see if you can get some seller-financing on the deal?

Cash ready, pre-approval letter done, ready to move if the numbers make sense.

If I ask you what you are looking for in an investment property and you say "anything that makes sense," I don't want to work with you.

I am more of an active investor that builds/flips for now because cap rates don't makes sense to me, so most of my experience comes from that side of REI, but I am very knowledgeable in all areas of REI.