Encouragement Needed - Looking to Get Into Rentals

[Kyle Wilkins]

Hello,

I'm 26 and looking to get into the rental business. I'm truly inspired by everyone's stories and hope to one day too create a cash flow stream for myself through rentals.

I spent time today looking into properties online and running figures. After doing some calculations though and factoring in the costs listed on this site to consider as well as the mortgage it seems that I will only be profiting on average about $300/month.

I could be leaving something out in my calculations and in no way am I thinking this will be a "get rich quick" avenue, but it is hard picturing much sucesss with such low margins. Any words on the subject would be more than appreciated!