In my market this would probably be a little low.

I would suggest that 6% is too low which will likely make you lean further away from SFRs.

Cash position needs to be around low $100k and I can get you a turnkey property that cash flows with property management in place as well. 

But I suppose it is doable in certain pockets of the city given the interest rates are low.

View report*This link comes directly from our calculators, based on information input by the member who posted.Don't know the age of the property but due to what you stated the price point I am going to guess it is a bit older. 5% for repairs and cap ex maybe low in that case.

Because there are so many tax write offs, I would much rather invest in a state that has low state income tax and low property tax.

hey @Greg Garza - plenty of low cost options out there. 

However, I do have a low credit score.

Our expectations are low.

Your hit rate with wholesaling will be very low, but that's the nature of the beast.