I hit all the credit unions with calls (about 15 or so) just to see what rates.

Or everyone's favorite: "expand your cap rate 10bps every year you plan on owning".  

If you are @ $50k and ACV, then that is not a good rate.

Examples - owner occupied loans for house hackers, specific market knowledge (ie - friend of mine that ice fishes and bought a short term rental cabin in an ice fishing spot that you and I would never know of), ability to do renovation on your own or cheap, contacts with local companies or organizations that would be a tenant source for mid term rentals, ways to source off market deals, etc.Whatever it is, figure that out and get started.

Hello,I bought a new primary last year and rented my earlier home as I am able to cashflow $200 per month (this is thanks to 3% interest rate).

There are very few lenders willing to do below $100k, the ones that do it offer a slight higher interest rate.

@Jonathan Jones I know of two subject to deals in middle TN at a 4-5% rate. 25-35K entry fee.

I see owners want summer rates in winter.

We have a portfolio of market rate and affordable properties in MN, expanding into IA as well, I'll shoot you a message, love to connect.  

Attaching a premium to a month to month contract will either motivate them to sign the original or the m2m at new rate goes into effect.