With the current market, I will not be able to make my required cash flow after paying all operating cost including mortgage, vacancy, property tax, insurances, maintenance cost, no need for a property manager because I can manage it.

i have a small portfolio of 4 SFH (2 in Tennessee and 1 in Georgia and Texas) and im open to wherever the deals are good. let me know!

Rentals create cash flow, and that's what we want as real estate investors, but you need cash on hand for unforeseen circumstances.The AC needs to be replaced, that's $7K to $10K or more depending on the size of the house and if you have one rental, it will eat all your cash flow, same to replace a roof, etc, or if tenant trash the home, you need money to fix it again.To me personally a nice rental portfolio that is healthy consists about 10 units, so if you have an issue with a house the portfolio can cover the repairs and still healthy, but when starting you need to have cash on hand just in caseYes, there are multiple strategies you can use to hack your way to buy your first rental with minimum cash, but I would start wholesaling or fix and flip a few deals to create that cash as fast as possible

I own 2 units (North Austin) and I manage another 2 units (East Austin) that are all MTR.

As the home sits right now it will cash flow about $100.00 to $150.00 a month if I self manage it due to tax hikes and the homestead tax credit not applying after it becomes a rental.

Outside of real estate, my day job is a Product Manager at PwC.

A lesson from the N Backer Avenue deal was the importance of precise budget management.

Hi David,My plan is to self manage my villa.

Remember, it is its own entity and has to be managed as such.  

Dan Liao They are investors who buy rentals as well as manage and manage for others.