If rates rise, count on acquisitions activity to tank and for discretionary refis to slow down significantly unless they have a hard stop maturity date that they have to deal with.

You're not getting a 'perfect' investment property but you will save money. 

@Charles Carillo thank you for that feedback, it makes perfect sense.

‘Winterization MoldCrime, heat index, walkability, schools AsbestosPoor location, busy street, etc.TermitesDryvit, synthetic stuccoUrea formaldehyde foam insulation (UFFI)RadonNo parkingAge of propertyOld or no windows, unsecured building (SimpliSafe.com)Knob & tube electrical (60A), grounded outlets every 11’, GFI’sUnderground oil tanks, oil heatGravity or steam heat, octopusRoofing: Flat roofs, slag, slate, Yankee guttersPests: fleas, squirrels, bats, bed bugs, rats, etc.Chinese drywallNo firewallBelow sea level, slabLead paint (prior to 1978)>60% rehab, new construction guidelines & building codes (i.e.

I think finding a home with 4-5 bedrooms is perfect.

i was looking to buy a house to live in and i saw the ability to rent out the garage space so it was perfect.

The combination of cash flow and strong future appreciation made this a perfect fit for a buy and hold strategy.

They will not get placed perfectly so plan to unload then 20 to 30 feet away and have a crane truck set them in place.

etc. obvioisly my buyer will likely be one who can't get conventional financing for whatever reason, so they won't be perfect, but I want to make sure they are terrible either. 

Bigger Pockets has a book that is PERFECT for you!