A seller finance situation with sweat equity would be ideal.

You are not factoring in anything for vacancies, repairs and property management. 50% is a good estimate to use.

If the rate isn't locked for 7 to 10 years then I do not count it for that length of time.You will also have to factor in resale costs or refi costs or diminished returns from taking on a cash partner to retire the debt when it comes due.From my experience really small local banks will look at problem properties or problem areas to possibly give a loan.

The neighborhood isn't ideal for retail sales and the value wasn't there to repair the SFH.

Anyone out there doing house fix-and-flips and/or buy-and-hold rentals would be ideal for me.

At first glance, hard money would not be MY ideal strategy, as most I deal with are 6-12 months in timeframe.

Not to mention the instant credibility factor with having a real estate license.

These factors rule far above playing with the numbers and cap rates on which many solely rely.

I know a major factor is that roof and finding out how extensive that damage is.

ic_id=tsMortFSI love this quote at the bottom of the post, very applicable to Investors too, you just have to factor ALL the components into the equation:"Mortgage rates are climbing fast, and many people may rush into a homebuying decision as a result, hoping to avoid higher borrowing costs," she says.