There are ups and downs with any property and there will always be variables with tenants, rents, repairs etc.

I would suggest getting another full-time job for the time being and investing/doing STR on the side until you can fully and comfortably replace the income that you would be receiving from your job.Is your LTR in need of repair?

Just be careful buying in a C-D class area that needs repairs.

@Tiffani HollisFor a long-term rental, I’d avoid used dishwashers entirely—repair costs and reliability issues often outweigh the savings.

Unless you find a buyer with a very specific criteria who is willing to pay above the typical 70% - repairs.

., plumbing, window replacements, and sheetrock repairs), but it still needs work to get the vacant units ready to rent.It’s located in a neighborhood with a higher crime rate but also near major highways and areas with rental demand (e.g., downtown Fort Worth and Texas Christian University).My Goal:I’m focused on cash flow, and this property seems like it could work if I can stabilize it.

What's the risk or cost to you if you face an eviction or a bad tenant because you used basic screening techniques? 

Remember to save some money for capital repairs.

Besides that, I have a credit repair and funding company that helps entrepreneurs get their businesses going.

., mortgage interest, taxes, repairs, depreciation) on Schedule E starting when the property is placed in service.