Even if the downturn is 20%, you would still be able to sell and almost be made whole after transaction costs.There isn't a good reason (other than lack of time, perhaps) to not try to get deals that you could "BRRRR out" of if you wanted to.

However, it may be that your particular situation (DTI, credit score, etc) is such that you won’t qualify for as low of a rate as someone with a better financial position than you, so comparing yourself to others isn’t always apples to apples.

Write a budget for the project (I overspent in some areas of the rehab due to lack of proper budgeting)3.

If you are having trouble finding duplexes and triplexes due to a lack of supply, try modifying your search to include homes that have a guest suite or in-law suite. 

I have considered investing in Salem city, but it offers a very limited exit plan, but the houses seem good for cash flow only, due to the high crime, and the total lack of local jobs.

We may REPORT TO CREDIT REPORTING AGENCIES any lack of payment of rent, late charge, fees, damages, and other sums due in addition to another breach of lease. 65.

Is your wife's credit score low just because of lack of history or are there unpaid/late items, charge offs, things in collections?

But I still felt we were in an interesting situation where our lack of desire/drive to do these projects ourselves was going to make it so we would one day have to scramble to hire and pay for the projects anyway when the opportunity/time came to move.

You can see below a comparative sheet I used to bring them to an apple-to-apple comparison when I was looking for something like this 2 years ago.4.

I am not sure if it's my search, the area, my lack of knowledge, or some other variable.