Go up higher in price where less buyers to get better cap rate.2.

The price we thought was very reasonable in this current market based off the other properties we have seen prior to that with similar layouts. 

The day after you close, it will appraise for the sales price. 

Purchase price: $300,000 Cash invested: $50,000 Purchased a 12 unit park owned mobile home park on a 5 acres.

What is your price range/down payment amount?

Purchase properties at a discount that need renovation work to then sell at a higher price profiting at least 15%+ cash on cash returns of all in costs each deal.What is the outcome?

Purchase price: $172,000 Cash invested: $43,000 We purchased this rehabbed home and added a privacy fence, removed overhanging trees, finished the countertops, built a firepit, security system, camera's, fixed the sidewalk and turned it into an airbnb.

I'm looking at a purchase price of under $175K.

This means you'll get a good cash flow, but appreciation of the property will be low.In the phoenix area there is more ownership and less renting, but due to prices increasing faster than inflation we are seeing a rise in renters.

Quote from @Ty Coutts: Hi Michael,With property prices appreciating, a 10% down payment can make it a bit more challenging, but there are still options.