Heavy HOA/assessment fees bring down estimated net collections around 20k per year after ALL fees/taxes/insurance/realtor/potential-repairs etc. 

The occupant runs a garage from the property, and I'm concerned about the potential loss of his possessions and vehicles during the eviction.As I am required to be present on the eviction day, I am seeking advice from anyone who has faced similar circumstances.

The good news is, since its new construction, you won't have heavy capex or maintanence expenses, nonetheless, the cash flow on the property would be non-existant.

Such use’s vehicle traffic and noise levels are compatible with the existinguses in the subdivision, neighborhood, or area.6.

Hi Karter,Experience definitely helps and is sometimes necessarily for heavy rehab projects, but there are still options for you as long as you have enough reserves and credit qualifies.

This type of classification is identical to that of a vehicle.

if cashflow is the goal, then a) choose a market to invest in that's cashflow-heavy, first and foremost. note: living in a property for a year doesn't necessarily build equity. your principle paydown year 1 ain't much & if the market dips a bit, you could have no or negative equity at the end of y1. just something to consider.note: appreciation in general is speculation. we can make educated guesses on what's going to happen, based on what HAS happened, but this isn't the 'perk of RE investing' to focus on when you know your goal is cashflow. ignore appreciation for now.if the goal is cashflow, why not just start with a rental?

I have one rental property in Kent, WA where I have a property managing company doing the heavy lifting for me.

I used real estate as a vehicle to acquire these things.

You'll need to be prepared for heavy vacancy, tenant turnover, R&M, and CapEx.