I would at least stick to D or D+ type of area (not in long beach though).Is renting in warzones ever a sensible plan, or just plain best avoided due to the risks?

The only properties you can expect to find in Miami for under 150k are either condos (in which case you have to deal with HOAs and associations), townhomes (again, HOAs), or SFR in D or F neighborhoods (warzones).Honestly, in B and C neighborhoods that most would target for solid rentals with likely appreciation, the land value alone will be close to that budget.

The NOI is all you have left to cover debt service and cash flow.At $119k per door, if you are not getting at least$1750 in gross rents per dor, per month, you will likely not have any real cash flow.

Jobs act $1 million limitBig real estate transactions cannot be done through crowd funding portals under Jobs Act unless the investors/platform make it a Reg D or Reg A offering.

In hindsight here's the approach I would have gone with:You are allowed to purchase your own W/D or do a Rent To Own with a company like Aarons.There is a $10/mo water usage assessment and an additional $20 non-refundable cleaning charge.

Inside the G-burg city limits you can't do R-1A.

You have to consider the neighborhood class so that you can lessen the headaches when managing it, not to mention you don't want to live in a D or C neighborhood...

And not like D or worse?

Yes, you can get (theoretically) even more than 1% in rent but then your neighborhood would be C or D or even E class and the appreciation would typically end up being lower.The time when this was all possible is about 10 years ago.

., Schedule E or D, or Form 4797).