And  as high as they will borrow you to cash out of some your equity but increase holding costs) As well as put some cash in your pocket. 

Why are your rates so high?

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

I have a good income so not desperate for immediate cashflow, but markets with high likelihood of appreciation seem like they’ve gotten so expensive that I won’t even be able to make the 20% down with my 50k budget.

My contractor sealed the holes, unclogged the weep holes, removed dead landscaping that was piled high around the house, and installed a French drain and gutters, all of which we hope will solve the problem.

I have some money saved up and I want to invest it correctly in this changing market.I would like to invest building Ground Up Affordable Multifamily Developments because of 3 reasons:The investment is not that high.

Missing a few details—namely it seems your expenses seem high.

Look for properties in areas with high demand for rental properties and consider the cost of any necessary repairs and upgrades.Financing Options: Distressed properties can be difficult to finance, so it's important to research your financing options such as hard money lenders.

THENNNN SELL HIGH”they are allowing by their silence … “ Buy high and HOPE to sell higher”“ investing “ / risking $200k with $30 k out of pocket…and 4 - 6 months of time ( and now money out of play) to end up with a “ zero equity…. $100 cash flowing… “ DEAL???

On the flip side of that rents are pretty high and any homes that are more affordable sell quickly.I have been considering getting into developing but I would have to get partners to help with the financing.