This isn't 2011-2013 days but many people are stuck in that time period STILL.As I finish my licensing study, I'm very grateful I chose this route as opposed to being a one trick pony.Wholesalers did themselves in by their method of operating.  

While it seems like there are some better priced deals lately, you may have to be prepared to put down 30-40% down.I'd say due to the lack of homes for sale, you should be open to many if not most cities depending on the deal that comes up. 

You can utilize 3.5% or 5% down for up to four units.

Still use paper method for mileage logs.Tried QuickBooks several years ago but it was more complicated and I did not need the bells and whistles.

That mean the upfront costs could be up to the low 6 figures. 

My last transaction is up ~$1M above costs. 

I have been working in this neighborhood for a while fixing up the historic homes and noticed another one of the houses needing work.

Quote from @Justin Sherman: Hello - we are looking at a property in the $600Ks, up down house hack.

Hey Matt,We have definitely had a dip in demand and it has been harder to find qualified tenants, but we have attributed it to the seasonal ups and downs. 

So charge up a card and transfer it.