Compare how you would expect this home to perform as a rental with reasonable assumptions about cap ex, vacancy, repair etc and then figure out what kind of rental or possibly RENTALS (multiple) you could purchase if you sold this property and how would they perform.

But struggling to find the right property  Hey Kalon, I would highly recommend you figure out which city/state makes the most sense for you to invest in, then build your CORE 4 around it (realtor, attorney, property manager, and contractor).

If they are there, then their numbers are accurate except for cash on the side. 

@Adam ShaIf you can buy a home for cheaper than rent then that is a red flag.

If it means you can't get a mortgage, then yes pay it down quickly.  

Just for some background info......the only reason I started and own Skip Genie now is because I specialized in highly distressed vacant properties and learned the ins and outs of how to efficiently find and contact the owners/heirs and then be able to close on them.  

If your numbers check out and the deal makes sense, then trust your process. 

Most people have more traction posting a MTR on Airbnb as an extended stay, then on Furnished Finders.   

Same background (European immigrant, working in Tech but on the side real estate investor abroad and then started building my portfolio here). 

I have experience in real estate wholesaling but would like to expand to doing flips, rentals etc. eventually to get into this full time. if no experience is an issue then how else are you supposed to get experience?