There are two types of return from a rental propertyCash Flow & Appreciation.I normally also aim for a minimum of 8% return between Cash-Flow and Appreciation.Appreication, nationally, is around 2% to 3% annually.Therefore, your goal is to get the cash-flow to be about 5% to 6%.The issue is interest rates being very high, you would therefore, need to buy at a pricepoint where the numbers still make sense.You can always put down more of a downpayment to cash flow, but that will impact your cash on cash return calculations.Best of luck!

I want to diversify and I feel like the best way to accomplish that is through real estate.

I listen to the problem solving episodes for the same reasons I read forum posts.

Hi Vivien, welcome to the community!

Love the insight @AJ Wong.

New blood in the forum is always exciting.. what's your top strategy for finding hidden deals?

At every point in history of the 15+ years of the site I've noticed the old timers complaining that the site is the worst it's ever been. 

I'm going off the understanding that you still need to spend 500+ hours in the business to achieve material participation (please correct me if I'm wrong). 

We accept all applications and in the case of section 8 the only real time we don’t is if the numbers don’t make sense with market rent vs HUD standard.  

I normally pick and choose the events I go to based on what will be discussed.