That being said, since you're looking for a second home to live in and not just rent, there are other loans with low down payments.

So, why not list that home and get a commission versus focusing on a smaller piece of the pie by trying to low ball them.

I have the money for repairs but would like to get into the property with no or low money down.

Besides that you have a lot of housing market bubbles, the yield curve coming close to Inversion, the consumer/ student debt problem, generally low wage growth, and the whole tariff thing does not help.

30k seems too low, unless this like a 1bd 1ba cabin lol

I have mixed feelings about them as do many seattlites,  but generally speaking they are more organized and better managed than the currently available alternative  (tents,  broken down RV or cars,  or piles of cardboard)   ---   I'd trade a larger tiny house village  for an equal reduction in the number of "unsanctioned" campers in an equal radius of my home  (and investments)  any day.That said,   I do disagree with the "low barrier" ones (which allow drug use/etc). 

From the money side of thing, it makes a lot of sense since its cheap, highly customizable, modern looking and low maintenance cost due to steel frame structures.Once we are done with the first big project this year, the following one will be simple and we plan to do more with right amount of funding. 

Look at home depot, lowes etc and find materials costs.  

Property values may be low but rents are also low and people are buying some pretty tough properties at high valuations right now.

yes, I am looking for rental properties  for long term.I am also thinking like now-a-days properties are all time high, interest rates also not that much low...Should I go ahead or just do private lending for couple of years..until market come down.