For this report I used an FHA loan for example, so 3.5% of the purchase price.

As I see it, the only ways that real estate pays you well in the first 3-5 years is low to no leverage or a strategy that requires more work (short term rental, mid term rental, rent by the room, etc.).  

And What other conditions/terms/costs do you calculate when underwriting the potential of a deal?

@Tom Dieringer After purchasing my first property in 2024, I acquired most of my short-term rental (STR) knowledge from The Short Term Shop, which included maintaining respectful communication with guests, keeping calendar availability up-to-date, and ensuring high-quality listings.When I initially began May of 2024, I opted to list my property exclusively on a single Online Travel Agency (OTA) - Vrbo.

Account Closed said, income and assets are the only "hassle" with a conventional loan.

Also how many should I aim to work with in terms of:- How many brokers- How many wholesalers- And in terms of DTS , how many cold calls a dayThanks againWholesalers are all over FB so try joining any "off market" type property groups.

Except that you will be required to get a loan for $200k or put another $200k from your pocket in to the deal.

I just want some outside eyes to help me understand if this deal is what I should expect to find as I build my portfolio.I plan to buy and hold long term.

I recently analyzed an asset of vacation cabins - where the seller would earn 23% ROI over a 5 year term.   

Start to evaluate deals based on the income approach and you'll do much better long term investing.