Yes, this should make a good rental.Here's a guide that describes what good cash flow looks like and how to analyze a property.https://www.biggerpockets.com/blog/rental-property-cash-flow...

While I own quite a few rental units already, I thought condos might be a good option to gift to my kids when they turn 18, offering them a safe introduction to property ownership without too much risk.However, my challenge with investment condos is that the cash flow always seems terrible.

In my mind you MUST have the cash to these mortgages off if your going to engage in these transactions.

Austin is not a great cash flow market currently, but has proven to have solid long-term appreciation.

You can certainly find a property for cash flow that may also bring you a strong return on that investment.

Most get side jobs or cash work to make ends meet but they don't put it down on app.  

There are a lot of hotels right now that are failing and going under due to low cash flow -so its a failing hotel.

Kind of like a cash for keyshttps://martinezlawcenter.com/new-rental-laws-in-california-...Most of the long time investors I know haven't had problems but if you get a "professional tenant" in look out and call your RE attorney.  

The mortgage would stay under the seller's name.The buyer could then rent out the unit, renovate, etc. to increase cash flow or make more money.But aside from a possible "due on clause" being called by the mortgage company, what's the benefit to the seller?

Have quite a few out of state investors that we've worked with to get them great cash flow and tax savings.