This can often be cost-prohibitive. 

Don't just read the lease!

I hope this helps.

I am trying to figure out if this is worth pursuing: 2021 build3 bed 2.5 bath 1 den Fenced in pool40k down40k ballon in 4 years 0% no payments Interest rate 3.125%PITI - 2961BALANCE 418000Estimated value 495000rent estimate 3200 You don't want to learn how to analyze it.

There is a lot you need to learn in order to make this strategy work and a lot of ways you can potentially stumble.

Any tips or advice for getting started?

We are both brand new to this.

Check out this chart: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyMake sure you understand the Class of properties you are looking at and the corresponding results to expect.

I have some cash, but likely not enough to fund a purchase without bank financing, and especially not when factoring extensive rehab costs into the equation (may need to up my knowledge on creative financing to bridge this).

@Cody CaswellThanks for this info Cody.