You have to adjust your expectations to match current reality, which includes higher mortgage rates, higher prices, more expensive taxes and insurance, more competition, etc.

@Shakthi Kamal read copy and paste advice below.For cashflow, you'll be looking at mostly Class C properties/tenants.Be SURE you UNDERSTAND what this means or your expectations won't match reality!

I don't disagree I think it's a great option and it also allows you to use the money that your employer has matched if you think about it. 

If you can make some relationships prior to that with agents in the area who do what you want to, you can find yourself on a team or at a strong brokerage that matches what you want to do.

-Make sure your kitchen appliance package matches up with price point.

This will provide you two benefits:1) Help you better define the position, so you can hire a better matched person2) Make training the next person easier

Neighborhoods Set the ToneSan Diego’s neighborhoods each have their own vibe, and we’ve learned that tailoring renovations to match is essential.

I tell people if they can match their current rent or do better then it's likely worth it, but you may need to get creative on the cash flow part if you only plan on living their a year or two.

The seller becomes the bank and pays capital gains one time on the downpayment (which keeps it low to make sense for them) and then also monthly on the payments (also incentivized to just match how much he wants a month).

However, given today’s high interest rates, finding a deal that matches or exceeds your current return might be tricky.