Our budget is $700k, and we can put up to 20% down.

This is one of the reasons I hired him - it helps cut down the incentives to push towards any particular products/plans/goals because of their own financial gain.That said, $6k a year is really in the ballpark of what our firm would be at for our minimum fees, which would be tax strategy and compliance filings - so that fee may or may not be reasonable depending on what they are doing and where you are located.

My husband wants to wait until interest rate goes to down so we can finance but I am not sure if it will ever happen... 

My strategy has been buying a primary every year, and since 2017, it's helped me build a pretty great portfolio with the minimum down every year.

Just save up enough until you have a down payment.

When I see that 60% LTV will not work, rather than jumping to 55% LTV, I walk it down - 59, 58, etc, as you can see.

If you get in the nicer areas it might go down a percent or so as well.

Chris:Thanks for the Heads-Up, I was not getting much information about this certification, or if it even existed.

Would appreciate some helpful advice on what you look for when determining whether to tear down and start over , or to bite the bullet and rehab best as possible.

I've been looking at Galveston for STR, but everything seems so run down.