What is $275/m in rent roll going to do for you in the long run on a $70,000 house?

I never did hear back from the owner who I reached out to originally to get his plans with the property and what rent rolls could be and current/future expenses on the property, etc.

I have not had one minimum down payment sale even though its up to 800k in our market for fha.. that low down and todays rates for sure dont go together.. so what i see is equity roll up .. 

That is a fact.So to answer the OG poster's question, schools (and all around location) should play a roll in your decision of purchase and how much to pay for it.

I think it's the future and I'm 90% sure we are rolling it out this summer, just nailing down the specifics. 

Hello Raphael, Its best to use Hard money for fix and flips until you can grow your bank roll.

So i started out for cash flow and now working to the appreciation to get rich.As you can, roll one cash flow into an appreciation play slowly. 

You could sell that and roll the profits into multiple downpayments closer to you so you can start to streamline management better and not pay for it.

I want to get rolling with investment properties and Jaren's rental academy has been an invaluable resource to me.  

That doesn't mean it isn't a good strategy - if the property still produces healthy cash flow after expenses (which includes future capital needs if you've deferred such), at a minimum you could be rolling the cash flow either back into the home to own it outright or using those funds to prepare for your next purchase.