It wouldn't cover your mortgage, but you could add in your rent payment and then build equity.Here's some information to get you started.1.

Utilizing our collaborative financing model allowed for efficient funding, covering both the purchase price and any necessary costs associated with the resale.

Establish a solid reserve fund (3-6 months of rent) to cover unexpected expenses or vacancies, which are inevitable over time.Make sure you're well-versed in local landlord-tenant laws to avoid legal complications.

Some investors, (and some attorneys are comfortable advising)  running without an LLC for some people and instead having an insurance policy in place to cover most likely scenarios of paying.

In my company, we handle evictions, cover the cost of the eviction, and I even pay the Landlord up to a month of lost rent.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

I would explore financing options that would cover the rehab costs.

Although, they are only washing the duvet covers, throw blankets, and kitchen towels. 

I am thinking about leaving my W2 job next year but my cashflow is still not enough to cover my expenses, but I have a good ammount of equity.