The realtor suggests that I could rent it in current condition for $1,000 in this neighborhood and this checks out with the rents I'm seeing.

Our DTI will be low to start (vs waiting until after the seller finance deal).

Other options are private lending ($10k still small amount), invest it in a fund/syndication with low minimums or put it in the stock market or a more liquid investment so you have access should something come up.

We get lots of bookings from FF in Los Angeles over 25 properties, but the response rate is low.

Obviously I am wanting to secure long-term financing while rates are so low and get the property into an LLC for the added protection. 

We would only do Low risk, High Reward properties. 

What I am doing myself is buying "fixer uppers" in nicer parts of town to work on while I live there as my primary residence, and leave a trail of rentals behind like it sounds like you want to do also.I'm happy to chat more anytime about specific neighborhoods to keep an eye on here in Wilmington, just shoot me a message!

My name is Manny and I am interested in buying a property in West Englewood neighborhood of Chicago IL.

., a quick search came up with this - https://www.adirondackdailyenterprise.com/news/local-news/20...The law will prohibit the issuance of new unhosted STR permits in residential neighborhoods, among other new measures that elected officials say are intended to preserve the Lake Placid community while still inviting the economic benefits STRs bring to this village...So that probably means that commercial zoning and the like will be the only way to do it now.The article said there would be a 5% tax on STR as well, so that means it is still doable, just have to watch where it is located.

Not to low either, you don't want to go with someone who is just focused on price as this is a quality of a not so great accountant.