I've been hearing how you have to put a percentage down. but if a house is 300k and i have to put 5% for EMD, i don't have that kind of money to put down.

It was a house that I was presented with the opportunity to purchase.

Purchase price: $200,000 Cash invested: $20,000 Sale price: $377,000 This was the first house I ever purchased.

It has a population of about 90,000, and it is a much higher cost housing market than Albuquerque (incl Rio Rancho).

@Eric ClappI don't see cash flow happening much of anywhere in Denver (or in Colorado Springs for that matter), unless you're doing something creative -- house-hacking, STR, MTR.You ask about higher priced properties and therefore better rents.

With an inherited house, you can definitely make something. 

Cleaning fee should be based on cleaning the whole house.

That hardly makes the house "used" by most any standard.

They are trying to get ahold of a homeowner to buy his second house which is in foreclosure.

For example if someone has owned a house for 5 years, but did NOT refinance in 2020/2021, they left thousands of dollars per year on the kitchen table, which most people will not voluntarily do if they have another choice.