Fill, your insurance rates will be extremely high if you don't properly fill it.

For anyone starting out, I'd highly recommend starting with AZREIA . 

Some lenders will lend as low as $50K but again, the fees % in proportion to the loan amount will be high.

Consulting with a tax professional or a financial advisor is highly recommended to navigate the specifics of your situation, especially to optimize tax benefits and ensure compliance with current tax laws.

Of course one the common answers you have heard is: high interest rates are keeping sellers out of the marketThis is 100% true, but it only answers one part of the economic equation: SupplyWhat about demand?

Hi all,We are planning on moving next year to a very high cost of living area. 

I highly recommend that you continue tuning in to the BiggerPockets podcast as you'll find the education very valuable to your journey. 

Win the bid by coming in high then figure out a way to get the price reduced..

So, right deal with equity and cash flow is like buying a high yield dividend stock at a discount.

: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.