I'm in the position to apply(depending on lender DTI requirement) for conventional financing through the builder at <6% interest rate in this current market.

Insurance quotes are coming in anywhere from 3500 to 4500 per Year and interest rates are sitting @%7.1. 

And what rates are people paying? 

I won't comment on whether its 'worth' it or not, however one thing I've learned and will share with you since you are new, is to be careful of homes that have low rent rates because maintenance costs tend to be disproportionately big.It costs just as much to replace an HVAC for a house that rents for 2k/mo, as it does to replace an HVAC on an 800/mo house. 

We would then rent the back unit for market rates and keep the tenant in the 1b/1ba unit. 

A great place to learn more about WA real estate investing and finding deals and connections is our local REIA - https://www.reapsweb.com and checking out some of our Zoom meetings if you can.There's some great pages on Facebook that you can find deals from other investors, and if you're looking for turnkey there's always the MLS (Zillow, Redfin, etc will get you access to those).If you want a specific search setup, reach out and I can get that started based on the criteria you're looking for too.As someone that moved up from CA a few years ago, I was curious why you're looking at WA instead of other long-distance locations?

Higher price points present more risk from a capital allocation method but in really low-price points typically a higher crime rate.

Looking forward to meeting, learning, discussing and hopefully partnering with you all!

Water/Sewer Rates -- Revere is over 70% higher than Saugus for example. 2.

My cash flow is not great because of high insurance rates and HOA fees.