One big ticket item or tenant issues could eat up all your profits. 100k is right on the cusp of getting something better. 110-120 probably get you a decent 2/1 rent for 11-13 for example.

I know there's different means on getting the capital to start but so far from my experience it's close to winning a scratch off ticket unless you know someone personally that has money to invest (i wish).

Bigger Pockets is your golden ticket to great success.

I figure if I take low income peoples money in the form of rent then it will be less they have to buy Newport’s ,beer ,and lotto tickets that could harm them .

I just bought my ticket to go there on Saturday for a few days to see exactly what I'll be dealing with. 

To bring it full circle, if you want that higher leverage and are open to a bridge loan to avoid locking into a 5-4-3-2-1 or 3-2-1 prepayment penalty, it might just be your ticket as well thinking long-term. 

Long enough to account for the regular (even if infrequent) replacement of the roof, furnace and other big and small ticket items (including tenants).The main point is: will it still cash flow positively once you DO borrow up to 75% of its value, so that you can use your own cash over and over again?

Do they do pretty much take care of everything excluding replacing broken big ticket items like furniture? 

Thought engineering school was my one way ticket to financial stability, this pandemic has shown me exactly how wrong I was.

With promises that I could write my own ticket upon graduation (and a naive 18 year old mind) I completed my degree in 2007.