But the only way to have a definitive answer and avoid "likely" and "possibly" is to analyze your plan with your own CPA and find ways to boost your hours.

As much as I'd love to rehab the properties to boost the ARV (which was the initial goal), funds are tight right now to do that so as-is is the way for me to go.Absolutely.

This may come into play as you near the end of life and need to think about estate planning.4. 

As always, make sure to run the numbers carefully and factor in local property taxes and HOA fees, which can vary widely in North Texas.Delayed gratification is key in real estate investing, but with patience, the rewards can be life-changing.Best of luck with your search

With house hacking (mentioned in the thread), the more uncomfortable you're willing to live, the better the numbers will be, the more comfortable you need to live, the worse the numbers will be.I've house hacked twice in Reno, NV and it's changed my life.

I am not sure what you mean by the seller making life difficult. 

Give yourself 10 years with that 200k and you’ll be set for life with real estate cash flow.

My motto, "Honesty, Integrity, and Accountability," has always been my guiding principle—not just in business, but in my personal life as well.

It will be even harder as a young person with no life experience, and particularly no experience buying real estate. 

@Carlos OlarteCarlos, that’s a smart approach—ADUs and JADUs are great ways to boost cash flow, especially in high-demand areas like Orange County and Long Beach.