Depending on the zip code I was wondering could I gamble with them on a fix and flip or brrr.

Everything is profit after that (sort of).

Why I would agree, it would be ideal to start one ourself but to be profitable at PM it seems to be a numbers game.

At that time it seemed like there were a lot of investors who had given up.That is not to say there is not opportunity there, but I could tell for me as someone who did not know the cities and tenant types well, it was probably going to be a lot of work for me to be profitable. 

At that point things are more of a gamble. 

. :-) Even if you win the war, loosing the battle can easily wipe out all your profits and more.Think about that recent CA AirBnB case where the lady was in the guest house for almost 2 years with no rent?  

High occupancy rates can indicate a profitable rental market.Seasonality: Analyze seasonal trends to understand peak times and adjust your pricing strategy accordingly.3.

If this is a $400k home, you have to make a lot more than $20k/yr in profit/cashflow.  

If you can buy something habitable, and rehab it over time while you live there, that could be a home run of an investment when you look at your return on investment, especially if you house hack.Sure you may leave cash in the deal, but if you buy right, it could still be an extremely profitable and low-barrier to entry way to get into real estate.

This is a net profit of ~~ $1300 monthly. 1300 monthly X 12 = $15,600 anuall cash flow15,600 cash flow/ $53,000 acquisition cost = 29.4% cash on cash return.