I'm glad I did it, but wouldn't recommend such a heavy lift on your first investment.

You did business with a bad apple.

Cable and a chrome cast or Apple TV may work for them.

That said, anything anyone in this new generation would gladly take a 20% interest rate if ratio of average ratio of salary to home price was 3X....for the sake of apples to apples comparisonRegardless of rates, macroeconomics, etc, the only time to purchase real estate is when it financially works for the individual and/or the numbers make sense for the investor...It will never be easy to get into the market and its only getting more difficult.Lastly, I personally don't care much for these buy down programs for 2 or 3 years, if you can't afford the payments at the fixed rate then no sense in having your payment be lower for a couple of years and counting on rates being lower.

In the middle ground, houses range from 75k-180k, and you can find some nice houses that need a face lift, but make ideal rental properties.

Just make sure you're comparing apples to apples when you pull your numbers.

Sewer, roads, sewer drains, sidewalks, sewer lift pumps, etc.

Read the fine print so you know you are comparing apples with apples.

Any insights or advice would be greatly appreciated.Best, Seth Christian Baumgartner We have fixed several foundations, lifted several houses to level, etc.

Living waterfront with my boat on a lift in my backyard that other people pay for is hard to beat.