What's your major and what is your plan for your college degree (for example, are you a finance major and planning to work for a large investment firm)? 

We are flexible on the location to a certain degree, but would not want to go south of the perimeter. 

There is no formula, and everything works to a certain degree. 

I'm in Canada and where I am, reasonably priced homes are still selling pretty quickly.It's pretty certain in high degree accuracy 30YFRM would be between 5 to 6% until 2028, that one was given and no longer a surprise.

It’s negative cash flowing to begin with, and you will likely have to rehab it to some degree if you put renters into it.  

The actual operator has a 2nd degree connection to the investor. 

This is a huge variable and the answer is it cannot be predicated with any degree of accuracy.

I’m looking to buy some single or multi family units for long term rentals that would provide at least a moderate degree of cash flow.  

America took a 180 degree turn as we witnessed. 

Establish your budget, the kind of property (duplex, triplex, or fourplex) that interests you, and the degree of property management participation you desire.2.