@Thomas Loyola you haven't addressed the Class of property you intend to buy, so your assumptions could be too low or too high.Your biggest challenge is you are assuming you have to pay asking prices!

Challenges?

We have spoke to banks in the past and its challenging to find ones that will do a C/A on a first but the ones that would consider it would not do it on a 2nd.

I know cash flow can be challenging in Texas but if you are anywhere near break even it's a win as long as you're in a good area because values are only doing one thing over time in that DFW metro.

Challenges?

If we were a GC and had cashflow for 2+ years and positive NOI they would consider a small business loan but outside of that, its challenging getting a business loan for real estate.

The only challenges you haven't mentioned is advertising for roommates, screening them and where to get a lease.

Pretty good from @Nathan Gesner too, BUT not 100% all the time.We know some turnkey companies that do NOT want to own real estate or are very picky about what they keep and sell the rest.It is a challenge making sure they are not selling you the property for MORE than it is worth.What country are you currently working in?

In many cases, it takes a few years to really start seeing any appreciable cash flow, but it is the relationships we make, the learning and overcoming challenges and obstacles every day that is the true rewards in this business.

Property owners in Florida have faced significant challenges with squatters unlawfully occupying their properties.