Even if straight off a cliff. 

I even bought 3 properties in one day using the HELOC to fund the down payment on each of those purchases. 

Or even a paper calendar? 

Start there to see if it is even worth your while.

I am from Iowa so our goal would be to use it in the winter months (dec,jan,fab) and try and break even off the income from the remaining months. 

It took quite a good time (~6months) even with a property manager but finally found the renter after rent decrease by 200$.

It all evens out.

I believe in putting in the work—1,000 hours of research, testing, and learning—before offering advice, and I’m excited to tap into the collective wisdom of this community to refine my approach.Here’s where my head is at: I’m considering strategies like short-term rentals (Airbnb) for higher cash flow, long-term rentals for steady income, or even creative options like house hacking or partnerships to stretch the funds further.

Hi BiggerPockets Community,I’m looking for advice on breaking even or generating positive cash flow with my studio condo in Prospect Heights, NYC.

There's a post right above mine from a lender... there's always a lender offering $$$ even when people can't afford it.