Is this a good time for first time investor?

[Apoorva Paruchuri]

Hi all, 

I am looking to start investing in multi family around Boston area. Specifically in Dorchester, Roxbury, Quincy, Chelsea and Everett. My plan is to invest in a 3 family home as primary residence. I am looking at 1M or lesser value properties in these areas. With the current interest rates and taking into account all the operating expenses, all I see is negative cashflow for most properties.. Is it even reasonable to expect to break even since day 1? Or is this bad timing for first time investors?