I really liked the condition of the property plus the seller financing helped seal the deal.

Find your cash buyers via propstream, batch leads etc.

Market > Mail > Lead > Analyze > Offer > Acquire > Sell > Rince/Repeat.6.

Selling it for more money than its worth to a borrower who cannot afford it will lead to you needing to foreclose in 3 years and deal with all those headaches and a trashed home. 

As for other ongoing expenses that will really vary by property age and condition.

You will want to provide basic amenities like included washer/dryer since living conditions are already less than ideal with that many roommates so you don't want the added hassle of them needing to go downtown to a laundromat. 3.

As you note exiting any RE that does not have some appreciation of a significant amount over say a 5 to 10 year hold generally speaking is going to lead to a loss at sale.

We like to cast a wide net and get as many leads into the funnel as possible.

Keep in mind, the region is immensely sought after, leading to notably low capitalization rates.Positive cash flow from a rental property becomes challenging; however, there remains potential for substantial returns through appreciation.

Be Patient and Flexible: Market conditions and unexpected challenges can impact your plans.