HI Erias,You can always start off by house hacking meaning you live in one UNIT or ROOM and renting out the other vacant units/rooms to offset your monthly mortgage payment.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

Also take a look at the tax record https://parcelviewer.geodecisions.com/Chesapeake/Account/Log... see what other kind of structure are attached to the building.  

That really brings your net income in the deal down.

We cant seem to get a conventional loan on just one income. 

Wife and I are maxing out retirement accounts. 

Account Closed   Costs will play a role and I think the next couple months in an election year will give an idea where those will head.

Don't have to be pro or even have an account.

Then I started looking into turnkey properties in desired neighborhoods that I know would make good rentals and support good rental income and have long-term appreciation.

Take into account: bedroom and bathroom counts, square footage of the unit, whether parking is included, whether laundry in in-unit or not or nonexistent, central air vs. window units vs. nothing, and the general condition and age of the interior.Good luck!

Properties in highly desirable neighborhoods during a seller's market can often result in buyers taking a property as-is with little/no room for negotiation.The fact that they're agreeing to: a lengthier inspection period; paying for a structural engineer's assessment (Roughly a $1,200 value in my market); account for a repair budget; etc are all good signs.If you're getting this below the average value of comparable sales, it cashflows, AND you'll have peace of mind with necessary repairs & inspections, I'd say go for it!