But a lot of problems arose that I did not anticipate - namely the net worth requirements for getting debt on the property.  

With no more info than the anticipated price of the property there is no way to answer the question.

@Jeremy Karja, as I've already suggested, being satisfied with an expected profit of $20k (only) means you'd be anticipating risking NINETY percent of its theoretical value. 

I would love to connect regardless and get a handle on how your experience has been to date and what you anticipate your goals are from a real estate perspective for 2019! 

What type of terms/rates could I anticipate? 

This was a bigger job than I anticipated.

Further knowing the age and condition of the property can help anticipate costs down the line and how much of it may affects your returns and profits, especially for buy and hold.

This is a follow-up to my original post - I have been eagerly anticipating my next commission check to start my investment journey.

If you anticipate negative cash flow initially, consider how you plan to address this situation in the short and long term.Before making a decision, it's advisable to consult with a real estate professional, financial advisor, or accountant who can provide personalized guidance based on your specific financial situation and goals.

I have spent more on CapEx than I anticipated but I also know I am increasing the value as I do them.