I want enough money coming in so the business can sustain itself when issues occur with maintenance or vacancy.If you wanted to do this with only 20% down ($46,000), which is all you need for a conventional loan, here is how the calculations change.Total mortgage + escrow $1,493.33 per month with cashflow reduced to $306.67 per month.I prefer to overestimate purchase price, interest rates, and homeowners’ insurance to be conservative.

Most structures that were not built correctly sustained damage, but I would venture to say the % is very low. 

Investment also spiked in Class A Short-Term Rentals (STR) and investors started paying higher and higher prices based upon anticipated STR rental rates, that exceeded sustainability based upon Long-Term Rental rates (LTR).

Just like everyone, we want to build wealth that is sustainable and I know that real estate is the way but I'm not sure how to get rolling.   

We believe the best way to do this is:To ensure sustained occupancy, positive tenant reviews are crucial.

Many of them earn far higher wages than you assume, and their contributions help sustain industries, Social Security, and economic growth.

Definitely something to clarify upfront...If you’re replacing with another restaurant, it should be an easier transition since the setup is already in place.Your biggest risk is vacancy $450K/year is solid, but if you ever need a new tenant,  ensuring the lease rate is sustainable is key! 

Leasing, technology, interest rates, sustainability, AI, etc?

It is a small town, definitely a tertiary market right now, but that is where opportunity is going to be found.I think LTR, in the right location, can provide enough revenue annually to cover all holding and leverage costs while the resident pays down the principle and the demand in the city sustains slow and steady appreciation. 

So the assumption of $1k per month isn't far ofIt is far off if doing an estimate of sustained expenses.   6 units at $1200 is $200 unit/month.