Those numbers would leave a landlord bleeding cash under the inflation rates we have seen in recent years.

Does anyone have a bit of information on what rates I can expect to pay for CA capital gains?

Our current interest rate is 4.875%.

Many carriers will not insure someone in this case at all, and the ones that do (if available in your state) will charge dramatically high rates, think $10-$20k a year for a policy.

Is the rent rate accurate?

Any lender can throw around possible rates, but that's not the same as getting you qualified.

This may be due to a misunderstanding of existing options.FHA loans: Require a 3.5% down payment for investment properties with multiple units, but you must live in one unit.VA loans: Offer 0% down for veterans, but again, occupancy in one unit is mandatory.While some private lenders might offer lower down payments around 15-20%, they typically come with stricter requirements and higher interest rates.

Frankly, we prefer market rate residents so won't rent to new Section 8 residents but are happy to keep the existing residents that were already Section 8 residents.

I'm curious to know if anyone is finding properties that cashflow in the area especially with the current mortgage rates?

Look at crime rates, school districts, would you live there?