I personally am a strong supporter of only carrying debt on cash producing assets.

Produces cash flow. 

Job growth leads to population growth, which leads to a healthy and sustainable real estate market. 

Additionally, developers are leaning toward more social and health amenities such as game rooms, pools and gyms that will fit in with both age groups healthy lifestyles.Key Takeaways: While metro areas have seen growth, suburban areas have as well To meet the increase in sheer numbers of renters, developers are focusing on amenity choices Some of the most successful developments are ones which have the best mix of conveniences."

At this time you will be doing repairs and have no tenants on the property to produce cash flow.

He was not handy but he was a top producing real estate sales men in the 60s.... and 70's....

Well, was the $3,900 property taxes included in your assessment which produces $1,300-$1,400 cash flow?

Hi Derek,Cashflow positive real estate will help your ability to qualify for a primary residence mortgage, not hinder, assuming an REI-friendly lender, and that you maintain adequate PITI reserves (if you have healthy retirement accounts, that'll typically do it). 

Good pay in the real estate field is obtained when one rises to investment decision making positions (for which one needs significant education, experience and talent), or on a commission basis by being a top "producer".  

At this point, I'm most interested in house hacking, but I have not yet seen any duplexes or four-plexes selling for a fraction of their value in areas with healthy rents.