The increase in interest rate of a new acquisition will also significantly eat into your profits.

I do not want to rent out my condo because the HOA would eat any potential positive cashflow so I am decided to sell it.

If there is, then your fee are probably eating a good part of your return.If you have more money in later years to put in a policy, it is often suggested to open a new policy for these new flow of regular fund.

Your action may have save a lot more $$ than if you had waited Now you decide how hard you want to push to get paid back or eat the cost and move on

Nonetheless, those hard money payments are going to eat you alive so time is of the essence once you close.

So acquisition costs, rehab costs, maintenance costs,  and debt service eat away at the monthly cashflow.  

Deficit spending is a snake eating its tail.I don’t need to tell you this, but one may only look at housing prices.

Even with lower end properties, cash flow is difficult to live off for quite a while because often the capital expenses of such properties eats up all the cash flow.

Once you do 3-4 fix and flips, you'll hopefully have enough funds that buying a rental wont eat up all of your cash.Look into hard money companies that will work with new investors!!!

The high sales price eats into the margins in a way that doesn't work for investors.