I think my personal guideline will be 10 properties, or $2k in cash flow a month.

Make sure your first rental cash flows well by running the numbers as if you were buying it today.

Purchase price: $255,000 Cash invested: $100,000 Single family residential home in A Class neighborhood.

This bodes well for long-term equity growth.Rising Rents: The uptick in rental prices shows a strong demand for rental properties and could lead to better cash flow for investors.Economic Strength: Reading has a diverse economy, with key sectors like manufacturing, healthcare, and education providing stability.Rental Demand: Low vacancy rates signal that people are actively renting in the area, which is essential for scalability.Future Development: Any upcoming infrastructure projects or new businesses could further boost the market.With these positive trends, it seems like Reading could be a scalable rental market.

One month vacancy can eat up all the cash flow.

Purchase price: $75,000 Cash invested: $95,000 Bouight this 6 units with owner finance.

Would it be possible to take my $100,000 liquid cash and their equity and go to a lender and get some sort of funding for the rehab?

First off, the cash-out refinance requirements have gotten tighter w/ the "seasoning" period.

Purchase price: $720,000 Cash invested: $60,000 Househack/BRRRRR.Taking advantage of low 5% down Owner occupied conventional loan, then fixing up the units 1 or 2 at a time, raising the rents, and then refinancing to lower the monthly payment and increase cashflow. 1 full gut unit and others were more cosmetic turnovers.

If multifamily options seem scarce, consider house hacking single-family homes with extra rooms or an ADU for cash flow.