I am just worried this might be a mistake as it as a high cash flowing property and my mortgage rate is a low 3.125%.

You can afford to pay a bit more if rates cool down.We need to also remember that BRRRR become a really hot topic in a low interest environment.

So Doorvest is getting everything that produces a high return and you get the aspects of real estate investing that have low a return. 

He does 65% leverage maybe 70% but doesn't matter how low purchase price is. 

I am just worried this might be a mistake as it as a high cash flowing property and my mortgage rate is a low 3.125%.

One of my rental properties is located in a low-income area, which presents unique challenges in finding suitable tenants.

If you have a 9% rate and you need to get down to the low  7s and cash out, then maybe it could make sense.

Plus for its high cash flow potential, utilizing a 1031 exchange to reinvest gains effectively made this experiment a relatively low risk for me.

I have no doubt he'll transform this entire corridor in the coming decade so I'm also looking closely at Hornsby Bend, Del Valle, and anywhere in the general vicinity.These are my top two areas where you can find low entry price points relative to both current and anticipated market fundamentals.  

We are a growing market with low unemployment but you will see a lot of the rental income going to covering expenses and setting aside reserves.