There are some general guidelines you can use to analyze rental properties. 1) Understand what financing & terms you will have access to.

(DCSR loan?)

Of course they are also trying to "launch loan fund". 

Hey @John FriendasI have purchased 4 of my Co-Living (rent by room) properties with DSCR, 1 of them within the last few months.Not that I necessarily recommend this, but there are short-term-rental DSCR products.

I plan to utilize some cash, margin loan, 401k loan, and a HELOC as a down payment.My first house hack (now an out of state investment) has a Zestimate of $530K, and I have $266K left on the loan.

So, an investor could easily cashflow right away.Those days are over.Landlording is a long-term play.

I'm not a fan of selling a property that is performing in order to solve a short term problem.

Cash flow is definitely the biggest challenge; both in terms of finding properties to buy that cash flow with a loan on them and just company wide given interest rates and labor/material is up and, at least where I'm at in Jackson County, MO, taxes are way up too. 

I am looking into my first property and have been pre-approved for a renovation loan from a conventional lender.

Owning a duplex at 20 is a huge accomplishment, and it’s inspiring to see you’re already planning your next move.From my perspective, real estate investing is a long-term game focused on building equity, paying down debt, and maintaining stability over chasing short-term cash flow.