Newbie - starting the journey

[Clay Davis]

I am in sales and make decent money, but also want to start building an income stream for retirement. Looking to buy and hold for rental income.  Don’t want to get tied up with anything that needs a lot of rehab, which makes the economics a bit more challenging.   I have a friend/mentor who has a decade of experience at this, and a successful realtor who supports him also - so there are two important pieces.   Now looking to get insights from others who are buying single-family houses that don’t need a lot of rehab - what kind of cash flow can be expected, and how are they mitigating risks as the ratios aren’t quite as favorable.