That being said, it's going to be very near to impossible to find an investment property that will just cashflow (where the tenants will pay for your mortgage and then some).

I've never gotten more snail mail in my life (mortgage statements, bank statements, invoices, etc.) and it seems like every time we turn it to "paperless" options, the mortgage is sold and then I get all new mailed statements to turn off again.

If I were to rehab it, could I refinance with a conventional owner occupied mortgage at the ARV in order to pull out my original capital?

Your mortgage person can do it, too.

To find investment possibilities, consider elements including property pricing, demand for rentals, vacancy rates, and economic trends.Think About Financing choices: Investigate your choices for financing a possible real estate purchase, such as FHA loans, conventional mortgages, home equity lines of credit, or other innovative financing techniques.

NOI represents the property's income after operating expenses but before debt service (mortgage payments) and income taxes.Evaluate Cash Flow: Deduct the mortgage payment (principal and interest) from the NOI to determine the property's net cash flow.

I will definitely be using this for reference.https://realestatebees.com/mortgage-social-media-content/

Conventional versus investment mortgages currently the rates are much different.

I've been living in the house with one roommate paying $600 of the mortgage.

(I set aside 20K from the rents after mortgages are paid, so basically I take in 68K a year, save 20K for vacancies, have 48K left over, etc.).Principal pay down is 67K a year.Appreciation is 500-800K a year in a good year.