Even more so if it is one that you can fix up while you live there and slowly improve it as well to get forced appreciation.

It doesn't cash flow but I just about hit even each month, while gaining equity and making improvements along the way... which is way better than throwing money into rent!

I bought my first house for myself in 1997, and paid $50,000 less than the neighbors on either side with similar homes,  put every cent I could lay my hands on into updating and improving it, and seven years later sold it for more than double what I paid for it.

I would be interested to see if there's room for added value in finding an underperforming turnkey asset, reducing expenses, pushing rents, improving move-out damage collection, and collecting on other expenses incurred by residents such as utilities, waste-removal, pest control, etc.

Being so new, I have a lot to learn and continually improvements to be made.

Since this is a diverse community that spends a lot of time with self-improvement-y books/podcasts/etc, I thought some of you might have some ideas. 

@Warren Currier @Mindy Jensen @Sam Shueh @Jo-Ann Lapin @Eric James @Wayne Brooks Thanks for the great energy.

Only thing I can think of is possibly use some of that extra money to cover closing costs or perhaps use it to improve the property? 

I am a big vibe/energy person.

They don't actually own the land or the improvements on the land, rather they just own the legal right to collect a fee from whoever owns the title deed.