I'm sure I missed a lot of potential pitfuls, but does anyone think this kind of idea might have legs in the right market?

I appreciate that it is hard to get started in life and you are very young, but that does not excuse creating a false impression online to induce potential investors to "connect" with you.

@Blake Sanford  Blake - what happened with this potential deal?

Investment Strategy:Buy and HoldInvesting herebecause: Potential to Appreciate in Long Term (10yrs+), want to build NetWorth, Affordable in my budgetYear 1 Evaluation: Gross Monthly Rental Income = $2,042.50 Monthly Cashflow = -$76.05 GRM = 12.79 Cap Rate = 5.12% CoC ROI = -1.11%Hoping that theinterest rates go down so that the monthly cashflow becomes +ve.

Shopping for insurance, appealing assessed values, shopping utility providers, making energy efficiency improvements, etc.

But this makes the mortgage payment higher and potentially limits cash flow or puts you negative.  

Having the right insurance coverage/riders is critical - if you're not properly insured and something happens, the asset could potentially be wiped out.

Moreover, our spacious yard, characteristic of our corner property, contributed to minimizing any potential disturbances.

Would the potential rental income count towards offsetting the mortgage?  

Short-term vacation rentals involve renting out properties to travelers for short stays, typically through platforms like Airbnb or VRBO.Getting Started: If you're interested in flipping, start by researching local real estate markets, analyzing potential deals, and networking with real estate professionals, contractors, and lenders.