I am in full agreement that a positive cash flow is a very important goal, due to the fact it insulates you from gambling on appreciation, equity, and rent increases. 

You buy turnkey for convenience, not built in equity.

@Nick JonesYou are not land locked to NYC prices, there is no rule you need to invest in your backyard.Don’t get me wrong it’s convenient to be able to drive to your property but not a most.

I took the gamble that possible mold remediation in the basement and structural deficiences wouldn't be a greater than $75k issue. 

It's right off the 155 & Gallatin Pike, super convenient location!

They are also a convenient way to prove I am intelligent enough to learn new things like medical device regulations or commercial real estate sales practices. 

Most of them - especially the small mom and pop operates - tend to overstate income (If you raise rents you'll make this" and understate expenses by conveniently forgetting to include some of them. 

I can only assume its located in a rapidly appreciating market where investors are willing to suck it up for a couple of years and let price appreciation do the hard work for them (always a risky gamble in any market).

There are two other convenient options cozy.co and mysmartmove.com (Transunion owned web site). 

@Jane A.Stock market is more like gambling on hoping that your stock improves in my opinion.