San Antonio TX newbie wondering about cash flow

[Israa A.]

Hey everyone! I'm a newbie real estate investor that is planning to move to San Antonio TX to start buy-and-hold investing. The market seems to make a lot of sense, population growth, low unemployment, low entry point for a major city but I worry that I might be a little late to the party regarding cash flow.

I've analyzed about 50 deals off the MLS, and none seem to cash flow enough and many don't cash flow at all. I'm aware that it's not a good place to look for deals but it has me a bit worried. Would you say San Antonio is still a good market for cash flow investors or has the market become saturated with investors?

My goal is to buy-and-hold small MFH and maybe SFH in C+ or B neighborhoods that cash flow at least 300$/door after property taxes, insurance, vacancy, expenses, repairs, maintenance, property management, CapEx and mortgage (80 LTV.) Do those deals still exist?

My first property will be a 4-plex house hack.  

I would love to know the opinion of local investors and get some insight on some of the neighborhoods where this could work.  

[Richard Damian]

i also was wondering about San Antonio area , areas are very tricky , i have family that lives there  , let me know how it goes  , good luck !  if you ever need advice about Houston area  , send me a message   , good luck again !