There are some good things mentioned here about other aspects to look at such as appreciation or tax benefits, but I totally understand wanting to cash-flow out the gate.

Another piece from NAR "The Truth About the NAR Settlement" about pervasive misinformation in the media:https://www.nar.realtor/magazine/real-estate-news/law-and-et...Interesting take on Youtube from Jack Gately (real estate agent but not a Realtor):Link may not work, google or search youtube for Jack Gately, "I read the whole 108 page proposed NAR settlement and found a HUGE LOOPHOLE"Notorious ROB's take on it (after he read the settlement) which I thought was really good (paywall alert, sorry):https://notoriousrob.substack.com/p/the-nar-settlement-first...

Couple that with an interest-only note to lighten the immediate-term financial burden of the investment, we are really looking at an interesting long-term phenomenon.Now if we are to layer in a light "face-lift" into the equation, we could walk into 10-20%+ equity out of the gate.

Hey Mark,I would speak with your insurance agent as they should tell you the requirements - fencing around the pool, gate with a locking mechanism, etc.I personally own a rental with a pool and the insurance agent walked my rental to ensure it was acceptable. 

I have a few rentals in Grand Forks and they are all financed through Gate City.

Unlike your rental, my rental is in Orlando in a gated resort, so there are less outdoor space but lots of community facilities.

With current interest rates and prices most homes on the market are not going to cash flow right out of the gate.

This year I'm buying a condo in a gated community for my son in 39211 zip.

Buy a lot, install fence and lighting and gate access.

My rent is $2,350/mo (I could probably get more but I want it to move quickly) and it is in a gated community - just to give you a sense of they type of property it is and maybe what type of expectations a renter may have for what they are paying for that rent.