The low cost of houses and high paying rates are making me attracted to the idea..

We discuss loan rates and terms, documentation, and the entire process to find and fund a loan through our C.P.R.

Hopefully finished by June for the cash-out refi (interest rate dependent, ha)Trying both avenues out just to learn as much as we can from our first property.

Even Fannie and Freddie has non-recourse bridges but generally look for experience, but comes at lower rates. 

And FYI mailers have an engagement rate of ~2%.

I'm using an FHA because it's an assumption loan and I'm getting a very favorable rate so I thought this would be better than using a conventional loan which at the current rate environment would be more than double the rate on the assumption. 

.- Financial models need to  assume exit cap rates are the same or higher than purchase cap rates.- Comps support both acquisition and exit cap rate assumptions.

Understanding the local market there, like rental rates and property trends, is crucial but hard to do from far away.Finding a reliable property manager is vital for tasks like tenant screening and repairs.

A higher factor is where are the interest rates and whether the list price is appropriate.

I always tell people that I think one thing to consider in this environment is whether you have a high or low interest rate loan.