I believe they start in the high 9's currently. you wont get to your $20k out of pocket target on this scenario specifically, but the point is, there are some lenders which will work with out of the box deal structure (for a premium).

The outcome of the deal with Archie Ragland was highly successful.

Make sure where you sign up has this feature.

Part of this was creating a high return investment from converting your current real estate holding to liquid note investments. 

It is a very high cost of living and my landlord has been renting out the triplex for a little below market value for the past few years, however he is going to be selling the property ( all three units)  (This area is considered very nice and "shouldn't" depreciate in value. )I have been trying to deep dive into bigger pockets, reading bigger pocket books, watching videos but  a lot of the resources talk about multi-family properties as purely renting out all units and not actually living in one of the units. 

@Timothy YangAt this stage of your life, I highly recommend reading, attending networking events, and speak to investors who have SUCCESSFULLY invested in whatever type of investing you have most interest in.

It's definitely recommended to get permits if you have not.

The outcome of the Bristol St deal in Scottsboro, AL, was highly successful.

I would definitely rather not pay the wild yearly fee for "doing business" in CA!

NC and SC have some great markets for short term rentals and you would definitely increase your wealth by splitting the money and buying multiple properties.