hold some of that initial 100,000$ for reserves. if you spend it all and something goes wrong you wont have time to accumulate profit the first year to really afford to fix anything. then you'd be dependent on personal income or another loan to fix the issue if one arose. play it slow and safe at first while you figure out the game and take some initial hard knocks that are bound to come. 

A colleague of mine in Scottsdale recently used it to turn a fixer-upper into a profitable rental within months.

You may have a more profitable exit if you can build them as 1-4 units versus larger and can subdivide the buildings into separate properties.

In August 2020, I took on what seemed like a great deal—a three-family property in Manchester. The seller was a terminally ill man who needed cash quickly to support his family before he passed. The lead came through ...

Lets say you end up with a yearly profit of 5k. 

Discouraging investors from taking a dilapidated home in poor condition, serving a market need, and dare they make a honest profit from doing so. 

Unfortunately, you will pay a high price to keep it while waiting for appreciation and it may not pay off in the end.If you want to invest for profit, you need to learn how to analyze property.

Go work for a person or company closing profitable real estate transactions and get paid a salary. 

Having the rental won’t prevent you from securing other loans if it’s profitable, as lenders consider rental income in your debt-to-income ratio.

Definitely worth it, especially when working with not-for-profits.