If you've got the seller credits to work with you'll get a huge boost on cash flow for those three years. 

I have been looking at duplexes lately they allow one to boost their yields provide relief during vacancies.  

Listening to the Podcasts and attending the Webinars has boosted my confidence a bit though. 

Moral of the story- professional management (either by YOU or by a PM company) will make the biggest difference in how well your investment performs- it will almost make how great or poor the deal was irrelevant. 

Make sure before you contacting the lender that offer you a mortgage buydown, you call all CU that has a special ARM mortgage rate.If you are planning owner occupy for a while and can refi with another owner occupied loan down the line, a 5/7/10 ARM at whichever one offers the lowest rate might be the way to go, and save the 2.1k for cosmetic repairs that will boost your rent prices.

Some choose to boost cashflow by deferring maintenance and running their rental properties into the ground.

And a way higher return if you consider the cost of doing something ethically or morally wrong. 

Should we ignore our moral obligations because the contractor is ignoring us?

@Martin Morales are you still in NYC or did you make be to the Valley?

Plus, Ohio's landlord-friendly reputation really boosts its overall appeal.