Even if you have an absolutely solid home and its worth over 600k, in my area the most you can rent it for is $4000 MAX.

Other days, sellers ghost you, deals fall apart, and you wonder if you’re even cut out for this.BUT THE ONES WHO WIN IN THIS BUSINESS DON’T QUIT.They adapt, improve, and keep pushing forward. 

If your gut is casting doubt on it, you need to listen - even if you can make mathematical sense of it.

I have been reading the online resources about getting started, searching the market, and even doing tours, but I am hesitant to jump in and buy a house as I have quite a large amount of student debt.

Even at a high cap rate you've got several million dollars of market value here, so I'm curious about your base numbers.

The biggest question you need to ask yourself is if you are doing this to afford a property you otherwise couldn’t afford or to save money period, that will lead to very different conclusions about where/if to buy. 

Here’s a breakdown of the main ways investors fund their first deal while minimizing their own cash outlay:1.Private Money & Hard Money Loans– These lenders focus more on the deal than on your personal finances.

There's long-term money to be made on that strategy.

However, that inheritance tax is still owed and is a lien on the property even though IT IS NOT RECORDED ANYWHERE!!!

You also need to consider that at a lower percentage of money down you will be paying a Mortgage Insurance Premium or MIP.