The inconvenience and expense is way cheaper than needing to boot a squatter.

Look at lower ARV properties 200k and below and you'll probably find some that can work as a flip or a BRRRR even with current interest rates.I also would recommend meeting with a lender and describing your goals. 

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

No one would buy their deals if the prices were too high, so the ones that are successful, obviously are getting cash buyers to buy them.3) Wholesalers that realize it is about making many deals with lower cost per deal, instead of making a few deals with hughe assignment fees ar ethe ones you need.Now keep in mind, every time we wholesale we make anywhere between $50K and $100K.

With all of the capital behind you, why aren't you using less expensive bank originated financing?

Basically, Knowing, I had canceled all other discussions with all other Lenders, they did the “Bait and Switch Approach”, which only the worst kind of Lenders in this industry try to pull on clients.They lowered the L/T/V from 75% down to 70%.

These loans also carry higher interest rates and lower leverage and can have expensive release clauses if you want to sell one of the properties from the portfolio.

If your new it can be very expensive.

I definitely want to keep it simple and less expensive

You are going to see these benefits in the long term, and while you live there you will save on your monthly expenses and also get tax benefits doing so.