I'm looking at a Fannie Mae property and my realtor told me this:That house is a Fannie May product.

Sometimes REIT's will buy low caps if the area has high demand and low product available.

Email me at [email protected] with your info and we can talk more about it.

Also, The money I was going to use for a downpayment, I am having to use to pay down my monthly bills ( credit cards ), to get me at a DTI , that will qualify me for a loan on a house in the upper $80's to lower $70,000 range.

Fancy meat, fancy cheese and nice plates to put it on.

This seems dangerous to me at best... but in this particular case I didn't address it in the lease... so I'd feel bad about not allowing it after the fact.For reference the fireplace is listed on the property appraisers site as a 'pre-fab' model.

. - This is the product I was referring to.

And as @Arjun K. said, if you're paying 15% for a credit card, any return you have it eaten up by your personal income.But here is what you CAN do: shift your price point to more affordable investment properties (I do under 30k), switch to credit unions vs banks for their looser underwriting policies for different loan products, but make sure you are paying down your debt each and every month while you're exploring these other opportunities.

Now I'm going to have a reputable realtor to do a CMA on it, so I can make sure I'm selling a good product.

Take a look at this example transaction from a lender website:https://www.efirstbank.com/products/credit-loan/retirement-based-real-estate.htm