We took pictures on our cell phones and blasted it out to all of our friends and family and just asked "Do you know anyone who is looking to rent a home in 2 months for $____ per month"? 

Only those who can afford to buy in cash, want/have to move, want to downsize, and maybe a few other cases are unaffected by high rates.But wait there more….Home Ownership Costs have DoubledSince 2020, the cost of owning/buying a home has doubled (Zillow).

You might want it to go to your parents, or a sibling, or maybe a child you have.If you're investing with a partner I would use tenants in common instead of joint tenancy; however, if it is an investment I would highly recommend some entity own the property and have the documents for that entity describe exactly what happens to the property in different situations.I hope that help clarify some different situations when one type of ownership is better than another.

This can be a strategy to leverage your existing property for further investment.While your current debt-to-income ratio may not be ideal, working with a knowledgeable mortgage broker can help you explore loan options that consider your entire financial picture.

In my opinion, you want a contractor to go to the property in person because it's not always as it seems in the pictures.

Save an image of the main picture on your PC, then use google image search on that photo to see if they have a place to book straight to the owner.

My biggest concern is: I would like to have this property cash flow $200 monthly and I'm not sure if the market would be able to support that high amount of rent.

The more energy efficient the shell is, the lower the cost of energy, which is highly marketable. 

So, an honest appraiser won't value it based just on the high level numbers you are looking at.

I frequently see investors get rigid and want too high a cap rate with the starting 45 day ID period for 1031 then at last second they panic and have to get in something.