Sorry for the “tough love”, but if you don’t immediately investigate them and take appropriate action, you may not be cut out for managing rentals. 

Rate cuts?

I cut my teeth in the war zone-ish eastside Harvard Place.

Cut that commute to 1 hour a day and take those doors to 0 for direct management.Then, in regards to this, you need to connect with people off of facebook, real estate meet ups in a few localities you want to get into that fit your criteria. 

@Sahil RajputThere are lots of ways to invest and if you buy all cash your property will most likely cash flow because borrowing costs are really high right now it cuts into the cash flow.

Prices in relation to rents are out of control, so shooting for a 1% rule just won't cut it.With that being said, you can still find cash-flowing properties in the surrounding areas of Tampa.

I've done a fair share of researching but some things I havent been able to get very clear answers on.I'm looking into possibly buying a laundromat on seller finance and I want to be able to talk to the seller and negotiate terms that benifit both of us that I can still profit with the business.I guess im looking for a clear cut of all the parts of a seller finance deal, how to structure it, and how to negotiate it if countered. example, If i put 10% down, they finance 90%, whats a good or bad interest rate if any, how long of a term, what should the payments look like etcany advice would be a huge help to not only the laundromat but Real estate in general!

FF isn't really cutting it.

Basically, pound the pavement and pick up the phone.And, just to be blunt - we are not in a cash flow market right now unless you use some kind of creative strategy.  

The loan amount is sufficient for me, as I am not looking to borrow more than necessary anyway at current rates (7.35% seems to be cutting edge right now).