If none, your losing money, on either the existing or potential.3. 

So - somewhere 2 hours away, or somewhere you like to vacation in, or where all your family lives, or where you plan to move someday.Too many people are trying to do exactly what you're doing - pick a market based on a formula - and they end up buying a random 'cheap' property thousands of miles away, turn it over to people they've never met or even spoken to, and then... lose money.  

Average rents are $1,250 (Again Zillow) Easily a losing propostion.

Usually if it is something no HoA I solve the issues but now the prolem is under the HoA mercy that seems to careless and the water damages are severe and scary on the photos.

When that happens you will only lose part of your cash flow rather than all of it if you have multiple DSTS vs one larger one.

Sometimes its better to lose less now than more in the future.

I detail here how my first flip essentially bankrupted me which resulted in this house losing money as well.It’s easy to blame others for all that went wrong.

Are you able to use it easily, only with a HELOC.If you lose your tax deductions, then Uncle Sam is happy to take more of your money each year.Good Investing...

Makes complete sense to purchase a property that breaks even or loses money.

Is it possible that at times you lose money (such as soft costs - paying for property inspections for example and the deal ends of falling through)?