Went great for a while.However, the tenant stopped paying, was evicted, moved out in the middle of the night  . . . something.Then the huge cash flow stopped.  

I am in the middle of my own land development deal and will be looking for a good lender very soon.  

(We do not have to spend 10kish on furnishings,) this is why we are buying everything in parts of East Cleveland All the best 

Apologies, I'm new to this.This will be my first home and I will be doing house hacking for a year or two with hopes of renting it out thereafter.The townhome is a new construction located in Middle Tennessee, about 40 min from Nashville and is located not too far from the town center.

@Emily Paul here the best places for short term would be on the East End by the universities and hospitals, North Shore by the sports stadiums/AGH, or right across the river from Downtown/Oakland like South Side and Mt.

And I have blocked or kept this unit because of security deposit since middle of Feb.

A few neighborhoods that are a tier below the west end and that would probably make more sense for you when running your numbers would include Montrose, Chesterfield, East Highland Park, Colonial Heights, and Sandston.

I was like this is BS.. and we started our own company and we opened up in the black communities of the SF bay area Oakland Richmond parts of SF  East Palo Alto etc..

I'm looking to rent out a house in the East Campus area.

This makes the most sense to me I buy "A" properties fact in the middle of buying one now paying top dollar .Quote from @Melissa Nash: To clarify- if I am buying a property finished- (turnkey) at market value I can cashflow and average of 9-12% year 1 on a B class property and I am not at 1%, If i wanted to buy a finished property in a C/D class then I can get to 1% rule.