For supercharged cash flow I like this rule of thumb as my #s seem to flesh out well w/in these margins:1BR under $100K2BR under $200K3BR under $300K4BR under $400KMaybe you can go up a notch on each if you want to break even w/cash flow...so to each his own w/that.Of course if they are being sold furnished / turnkey, I'd add in $5-10K of value (depending on how nicely furnished it is) per bedroom.  

Very much appreciate you for sharing what you know, you make excellent points. 

So not hard for me to justify being a REP.Google xxx excel template to find what your looking for.

I'm looking at purchasing a rental in North Carolina, I have Excellent credit (800+) and money for the down payment..

If they are under paying then I would try to find a win/win where they pay but you handle the vendor relations.

When you work together as a team, you both win.

As long as you are cash flowing or have the capacity to stick it out in the higher interest rate market buying at a lower price is always a win.

Even though I'd probably win on a legal argument for no requirement to disclose, the buyer could get cold feet at the 11th hour. 

We all chase cash flow in the beginning, but property and rent appreciation over time is how you get the big wins. 

@Gregory Fazio Some young investors in my area have excelled in seller financing by doing this:They reached out to top investors and agents, clearly stating, "We’ll offer on any property with owner financing."