Just wanting clarification if this is true.

And they may hold true for Sullivan County as well.

True, but if you keep that good tenant for say, 5 or 10 yrs and never raise the rent you have lost waaaay more.

I would advise to know your capex/vacancy/maintenance/repairs numbers for your true cashflow.

Is that true?

I hear this all the time with dogs and it's almost never true.

However, that was 2 years ago long before the true impact of the supple chain on construction. 

While the above 2 comments definitely are true and something you have to consider (paying debt service without the money being at work), you also really need to consider the rest of the terms as well.

(I don't need immediate cash flow and care more about total long term returns).Relatively affordable compared to other large cities (though the same is true for  SFHs). 

There is a misconception that "intent" is sufficient, which is just not true.