Typically a finders fee would be charged to the buyer, especially if you are doing all the work to bring the deal to the realtor.

Issue with the line that you will run into is you will be paying for unused credit fees.

About 25 minute ride to center City.In my mind this is perfect for a General Contractor.

As others have mentioned (besides the essentials like rates, mortgage, and maintenance), it's important to consider utilities, insurance, property management fees, taxes, furnishing, marketing, and legal requirements.

About 25 minute ride to center City.In my mind this is perfect for a General Contractor.

The average price was $164,480.43 at an average price per sq ft of $114.91.

You can then pass the information along to someone else for a finder's fee. 

Remember to factor in what you will need to pay in taxes (ie capital gains) and fees. 

Look at it this way, one month of vacancy is the same as $100 less per month in rent over the next year.

Even if you're not making much profit at the start because you're investing in a better area, it should work out fine.If you're losing $100-200 per month but have a stable job, you should be okay.Most people get rich with real estate through property value appreciation rather than cashflow.If you're comfortable living with roommates, you can purchase a house in a good area you like and rent out spare rooms.