But what if the property is CASHFLOWING $1000–1500 a month after expenses ???

It's turnover expenses: fixing up a property after tenant moves out and the lost rents due to vacancy.A landlord really can't afford to turn tenants every year!

@Joshua Postthere are lots of things you can do:-talk to a lender to find out how much you can borrow-find an agent and go look at 50 potential house hacks-reduce your expenses so you can save more each month-go to all of the local REIA meetings and find out what the other investors are doingjust because you haven't bought something does not mean you are in analysis paralysis.  

Im not a very sophisticated investor like many in this group, but i just keep it simple does the rent cover my expenses and someday the tenants will pay this place off for me. 

If your local market is too expensive, don't be afraid to venture out of state. 

Plan to buy a combination of new construction and turnkey to avoid large capex expenses in the near term.

The cheapest was $99,000 and the most expensive was $460,000.

It helps you get into real estate with minimal down and allows you to reduce your living expenses.

This can add to your expenses, but can also help streamline the management process and increase the overall value of the property.Additionally, larger apartment buildings may come with more regulatory requirements and tenant issues to navigate.

I didn't know that I had to sign up this forum to talk with you.There are several things that I would have done if I were you:First, calculate how much your monthly income and expense.