If I sell the property for 130K, after assciated closing costs, I will basically break even.

It’s a growing city and in a great location close to Orlando, Gainesville and Jacksonville.here’s the link to the RealWealth article that was mentioned above by Chrishttps://realwealth.com/learn/best-places-to-buy-rental-property/amp/#

As a former house hacker myself, I'd suggest you try not to get too close (in terms of friendship) with your tenants - the tenant/landlord relationship can make it tricky to become friends.Do you have a price range or down payment amount that you're targeting?

They could even hire you to do the work on the house and instead of paying you they could just give you a credit at closing.

say you find a solid property in a low cost market for $200K and you buy it.between down payment, closing costs, rent ready / spruce up costs, and lease-up costs, you're probably going to need at least 50-65K in cash. 

Quote from @Dinesh Nair: I am a Canadian investor with a US corporate entity- we closed on our first property and now working to find financing through a lender… however rates keep changing all the time.. is there a site to track rates ? 

When you start working with distressed properties, the regulators take a close look. 

It’s not close to my house and it’s clearly not the best way to do things. 

.: Quote from @Caleb Brown: I am an agent so of course I get a benefit when a deal closes and I help a client but I have also seen the money and benefit real estate provides.

For example, my client just closed a 3/2 single family house for $160k that was already rented at $1900/month and near turnkey and in a super desirable residential area.