If you do a good job picking tenants, you will be fine.

Make that rent payment out to you and pick up a roommate.

It is your park to run.But there is a cautionary side to this tale- you should pick one of these two options.   

My advice would be to follow up with Vitaliy and pick his brain as much as he will allow.

Yes, I’ve got a mortgage on it now, but my cash flow went from only $1000/month to $2400/month and I picked up 3 more properties basically for free with no out of pocket cash to buy them. 

Pick one, but pull the trigger.

What made you pick the Kissimmee area?

.-- Or, what we do is offer the free rent AFTER & ONLY if they pay their first 3 months of rent on time to earn it.4) Lower the rent 5% every 2-4 weeks until activity picks up.5) Understand this is the worst time of year to find tenants.-- Starts picking back up end of February when this tenant pool starts getting their income tax refunds and aren't broke anymore.6) Section 8: where is the property being advertised?

While this meetup idea comes to fruition, would love to pick your brain about the Kingston area as I get fluent with it from a RE perspective. 

Thanks in advance,Rookie You’re going to struggle to find cash flow anywhere in the dmv, you would really be buying for appreciation only, both for ease and some upside, I’d look at some condos in dc, definitely some risk, but you can pick up a condo at a price you would have paid a decade ago.