That equates to $2.2MM in assets appreciating at a historical average of 3% per year.

Long story short, do not rely on AMs to get in contact with BAs it’s rare.Also do sign up on the various platforms: Pyramid, Equator, Res.net.

But still, the NOI is on one side of the equation of figuring out cash flow right?

Before I go on with more details on my situation I need to first understand this part of the equation.

I believe you've cited sections before I didn't realize post count equated to knowledge.

(And I already know you are winging it).This is what you do my silly little munchkin...Get a websiteMake it credibleFigure out several marketing options, including PPC and Facebook ads (these are the most efficient and reliable lead generation methods for paid marketing).Find out for each of the methods what the cost/deal is.If you have enough  money to match the cost / deal, pick the marketing method that is most feasible to youAs you market and get lead and make money work on SEO.Doing it this way removes luck or randomness from the equation and you will receive the highest probability you make your first deal in the shortest amount of time possible.Good lick man!

Although its important for the rental unit to look nice, the most important part of the equation is who you rent to, and many new landlords don't give that as much thought.

This protects both sides of the equation.

Figure out what value you bring to the equation that can't be easily replicated by googling someone else and try to justify an equity percentage around that. 

I find a lot of comfort in knowing that there is a concrete way of valuing a property by use of mathematical equations.