These kinds of deals look good on paper, but they usually never pan out to be good investments.

RTP is supported by The Clearing House.

What kind of calculations should I use to determine whether or not this is a good idea?  

Another thing I am doing right now is looking for a mentor to help with my strategy, but in the meantime I thought I'd make a post and hear what BP investors would do in my shoes.For my situation, I am 26 and I have a very low income (55-65k annual) for my household and a growing family of 5 to support.

Which means for those later asking, they won't get the kind of care of answer the earlier persons get. 

A link to FilePlace is at the bottom of every page, making it easy to find.If you have technical issues, email support@biggerpockets.com, and someone will help you.

Lets say you get it for 205k but the rents will only support less than half of the expenses or overhead?

And the comps in the area supported a strong ARV, so it just made sense to jump on it!

It just has to do with how each platform markets themselves and what kinds of guests come through.I am an investor and co-host in Dallas, Texas and that's generally the posting rules I go by.

Dayton, OH is a solid rental market supported by the Wright-Patterson base