@Heath D Wallace operates as a property manager?

Wildly enough, my first property was cashflow positive when fully tenanted.

@Chase AlexanderRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Without the upside of a good neighborhood and/or quality property, I don't love it. 

@Anthony KlemmCan’t find a rental property to cashflow?

.: Its typical for real estate investors to hire a private home/building inspectors to inspect a real estate property before they buy it.

Ability to find properties off market6.

For multifamily properties, this is often around 40-50%, but it can vary depending on the property's condition, location, and age.- Analyze Comparable Properties: If you’re working in a specific market, reach out to other landlords or property managers with similar assets.

I immediately recognized that the listing agent/property manager had the current rent well below market & the asking price massively wrong.

Purchase price: $420,000 Cash invested: $120,000 5 bedroom 2 bath property with pool, shed and playground in the backyard.