DSCR Seems like the best product, at lower leverage I have some rates that are even beating rates on primary homes, would love to connect and discuss a bit further.

And they do not listen to what their clients are saying ...the Realtor thinks they always knows best (even when they have no clue)

Unfortunately, conventional financing (Fannie/Freddie) does not allow gift funds to be used when purchasing investment properties, even if the funds are from your spouse.  

Assuming that is done, the 2/1 temporary interest rate buydowns are guaranteed to break-even.

In fact, FL does not even have state income tax.

We finance these types of deals, so from our perspective, make sure you're getting a partner...even if they are a GC...that has done similar projects before.

What that usually does is reduce the value of the home because nothing is done to code or correctly, even by people who think they are handy.

Maybe if you have big vacancy or have an odd building that rents at lower rates or your leases covers all expenses vs NNN or something like that, maybe you can fight for lower value....but my guess if for most industrial/warehouse investors, 2023 and maybe even 2024 are going to be tough years to fight in DFW. 

No matter how much experience and capital you have, a dynamic debt and sales market always has a way of humbling even the most seasoned senior professional.

Cleveland is a great place to get started because the real estate is cheaper than a lot of places around the country and you'll very easily be able to live for free and even make money if you're doing it right.