There is absolutely properties out there that can break even. 

@Victor ValenciaHey Victor, your plan shows solid thinking and leveraging equity can definitely work, but from my experience, starting with a near break-even loan is a bit tight, especially if unexpected costs come up.

Specifically:- Estimating cash flow- Evaluating long-term appreciation potential- Understanding neighborhood demographics- Estimating renovation costsI’m working on a tool where:- You paste a Zillow link.The system uses AI to:- Analyze cash flow potential via Rentometer rents- Predict appreciation based on historical trends- Break down local demographic dataGoal: Automate the time-consuming parts of deal analysis and help investors screen properties faster. 

I am here to learn the ropes of breaking into the real estate world.

I am worried if I let one tenant break their lease the others may consider this as well.Any thoughts would be greatly appreciated! 

Quote from @Brandon Lee: In real estate, speed can make or break a deal.

If you are looking to use it as a personal vacation home as well, you should know going in that you are going to lose money, IE it is not going to break even.

Your feedback is really shaping what I build next.Quick question - when you track renovation costs, do you prefer breaking it down by room (kitchen, bathroom, etc.) or by trade (plumbing, electrical, etc.)?

As a civil engineer and owner of a firm that works on a wide range of projects across Texas, Nebraska, and Colorado, I have learned the value of thorough due diligence before breaking ground.If you are doing ground up construction, make sure you understand what you are getting into with the city or county where you plan to build.

Had a break in at our original location.