Working on a deal that the seller is open to carrying up to 10% of the down payment.

It hurts to let the 3.5% rate go but since you're not going to be able to rent that place out in the future I'd take advantage of the equity you have in it and start the investment road you're wanting to go down with a single family.

Rawle Welcome to Bigger Pockets!!

Background: I offered on a condo (still a newbie to investing myself, although this would make my third STR and second in one market), and the same day a second offer came in, higher.

Would like to get to know someone who is experienced and investing in the area.

Looking to buy a house upstate NY with a FHA loan and live there.

While completing a Cost Seg study, they were very resistent to me using 6% and because of time-sensitivity, I decided to default to the "rule of thumb" method that you mentioned and used 80/20. 

Feel free to reach out to me directly.

Hi Robert,I'd recommend reaching out to a local agent in the area or if you know of any property managers in the area.

It all comes down to timing.