I used a VA loan to finance it, I'm now looking into using a FHA loan due to lower money down and the ability make repair on a home.

We’re thinking maybe we could buy a property, maybe a townhouse, on the lower end so our mortgage isn’t too high, but it won’t cash flow for sure.

Or buy a lower price property that needs some love that has 4 units that would rent out for around $800-900 each.

The home was not in a multiple offer situation and we negotiated for a lower price.

The cash flow I predicted is much lower than what the property managers annual report reflects.

Nashville is definitely a hot market and turnkey can be viable, but expect much lower returns with using a turnkey company. 

Prefer lower fees and few hurdles.  

What is your opinion on that and what lower amount of return do you think would be an acceptable amount as a tradeoff for this gained experience?

The Las Vegas housing market has been extremely hot recently but prices are still noticeably lower than the 2006-2007 highs.I would greatly appreciate any thoughts.Here are some options for you quick readers who don't have time to write a full explanation for your decision making.A) Hold forever    B) Sell Now  C)  Hold and monitor market closely  D) Sell before the 2.5 years to avoid capital gains taxThanksBrett

One can is typically enough for a couple treatments for a small nest.Even if you decide to pay for it, do not lower the rent.