You have to really understand your funnel and market segment as well as execute extremely well for this to work.

Adding in paying off the loan with both return on the invested capital AND saving from salary is still extremely basic.  

Quote from @Mark Wooldridge: A super concise and accurate summation of the SFR & MF property market - only thing I could add to that is how extremely low interest rates (historically) caused valuations to increase at a faster rate than they would have otherwise. 

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

There are only 3 reviews on their website which are all extremely generic and I think aren't real.  

I’ve recently finished reading J Scott’s “The Book On Flipping Houses” and found it to be extremely helpful in understanding most aspects of a fix and flip project.

You’ll want to invest in areas that have tenant interest but also aren't on the extreme end of neighborhood quality—this means avoiding the very toughest spots, where turnover can be high and managing tenants can be difficult.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.

@Rene Hosman I’d be extremely happy with break-even, but I’d also be satisfied with ~$15k/yr.

Me and my clients all use a low money down conventional mortgage (as low as 5% down) with NO PMI and extremely low closing costs.