In a rapidly-rising interest rate environment (such as we've recently experienced) that tradeoff may or may not pay off.Unfortunately, in CRE finance there is no perfect financing vehicle and you can't eliminate risk--you must choose which risk you want.

Somebody somewhere had to pay for that real estate at some point and has continued to pay for it since.

Now, you need to figure out how to find deals and pay for them.

Do you really want to pay these people to be the communicative link between you and your rental clientele?  

Our tenants pay $2,700 in rent and the mortgage+fees comes out to $2,360.

Seller was behind on pay HOA payments and in risk for losing the property.

The garage and the fact that a long term tenant was in place paying market rent.

But I would not consider what the seller needs to make in determining what I'm willing to pay for a property, especially when youre buying a problem like this.

Less RiskWith traditional rentals, if your one tenant fails to pay, you’re in trouble.

Is it worth to pay that much for 1:1 coaching for 6 months and a laid-out course?