Purchasing a SFR or a condo to have tenants pay mortgage.

[Adrian Jenkins]

Hello. As the title suggests, is this a strategy anyone else has used? I live in LA, so cash flowing on a property without 50% or more down is impossible.

Is there a flaw in the logic of purchasing a place for the sole purpose of having a tenant pay off my mortgage? I wouldn’t live in the unit as it won’t be near my work and where I currently live.

Any thoughts?