Losing $1,300 per month at a minimum doesn't sound amazing, but it completely depends on your financial situation. 

@Celine Li Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I personally know people that are financial imbeciles preaching "Buy Bitcoin!!!"

Who you marry is probably the single most consequential decision in your life, financially and otherwise.

People with good incomes have historically done well in either the market or real estate over the long term.For myself I cannot stomach the gyrations in the stock market so for me RE is less risky but I am not living entirely off it either. 

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.I am also fully licensed for primary and secondary homes in Florida.We are all here to help you learn and grow.

Helps carrying costs while waitingg to sell and makes financials look better for investor buyers.

Unless you're financially prepared to deal with these issues and accept that 'once you know, you must always disclose' defects, I would move on to finding what is truly a good deal - as a good deal is only as good as its bones.  

Review their online financials/annual statements.

The second habit that has helped me track my finances is that I’ve created a personal spreadsheet that I fill out at least once a month that tracks certain financial metrics I’m interested in comparing.