@Avery Robertson Yes, you need to take into account you will be getting a lower interest rate and assumingly a lower down payment.

I'd say it's worth it to go on the upper end of that range for yourself, assuming your lender has told you that you do in fact qualify for up to $350k.If you want to rent it out later, it's best to stick to the lower end of that price range. 

Lower middle class.

If the deals are structured correctly you can often get a much lower down payment as well as interest throughout the term of the loan.

Curious if anyone has used CommercialLoanDirect.com, or any other alternative to local banking community that may offer a lower total cost (rates/terms, closing costs, etc.)?

Also you only have to vet one company then.Pros: save time, very easy, added “hand holding”Cons: returns lower, less control, no instant equity 2.

If I want to sell it I have the opening bid lower and less than market value to get bids with the potential it gets bid up.

And it gives a range and median, so if your unit is particularly remodeled and nice you can use the upper end of that range as an estimate, or if your unit is particularly small or a little rough around the edges you can use the lower end of that range to estimate market rent for that unit.MLS could be useful too because you can view the non-active (presumably rented) listings as opposed to the active ones, but you'll need to network with a licensed agent who has MLS access in that market and have them run those numbers for you.

@Skylar Vincent  Caldwell is a growing place to invest for sure...lots of revitilazation downtown and much lower price points than Boise. 

LTV will be based on the lower of the purchase price or appraisal