I'm willing to leave the property empty for a year to take advantage of owner occupied loans, if that's possible.Here are my estimates..Property: 1,355 sq ft, | 3br 2bath | 8,500 sq ft lotComps / ARV: 500-560k ~ 530kTotal Needed: 340-400k ~370kSale Price: 270-310k ~ 290kRenovations: 70-90k ~ 80kSevere cleaning needed (doing myself)Severe landscaping needed, it's a jungleI'd like to maximize potential value and be at the top of in-area comps, so would like to do a full gutCash on hand: 20k - 30k------------I'm considering,- Seller financing + separate renovation loan- FHA 203K (BRRR)- Fannie Mae Homestyle Renovation (if down payment is below 5%) (BRRR)------------Seller Financing + Separate Renovation LoanPros:Low down payment (via seller willingness) <= 3%Low interest rate (via seller willingness) <= 3%Cons:I'm unaware of how I can finance rehab without a personal loanMust cash-out refinance to obtain equity, conventional loan rate will not be as good------------FHA 203KPros:Low down paymentBundles rehab costsCons:Higher interest rate than the seller financed loanMust cash-out refinance in order to obtain equity and make an investment property------------Fannie Mae Homestyle RenovationPros:Bundles rehab costsCons:Higher interest rate than the seller financed loanMust cash-out refinance in order to obtain equity and make an investment property------------I may be totally off on what would be optimal here but wanted to provide my current thoughts.

@Anthony Roberts your info, "having some difficulties finding good tenants", is actually pretty vauge.Are you having problems getting showings, applications, high enough credit scores, performing tenants or what?

It's also highly subjective based on the lists you're dialing and your sales skills.

A high yield savings is a good start. 

We conditioned to ignore price, just use this tiny down and here ya go.

I make it clear that my policy is moderate (full refund prior to 5 days of arrival date), also that Airbnb has a no refund price, so that would mean no refunds under any circumstance if they book that.

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

Thank you to everyone who responded, I'll be reaching out to shop rates and see what options are available based off my personal situation.What does the DSCR rates look like in comparison to conventional rates, as higher prices and rates will impact margins.

I don't have that much cash and find that I'm priced out of my area. 

With interest rates in high double digits, I was easily able to locate corporate bonds of BBB rating with 20 years of payments left and 8-9% coupons.