While there have been stats come out the past couple of months that say rents are up, I don't really believe that when you see the newer properties offering 2-3 months free rent.   

Feel free to reach out with any questions!

All of those help me purchase a property with as little out of pocket as possible and we usually execute with Hard Money.Hope all of that makes sense but feel free to ask anything additional.  

The agent you spoke to should be ashamed of themselves for not asking you any questions and at least attempting to do a proper risk assessment.3.

If you can pick up houses for cash, fix them for cash and hold them mortgage free then you do not need too many to get to 20k/month cash flow.

The landlord is also taking a risk having a portable dishwasher. 

The other issue aside from the giant hassle is now that the payment is higher I'm less likely to cash flow and will be at slightly  higher risk of default.

I like RE because it’s a tangible asset and brings in tax free mailbox money.

An investor friendly agent can do all sorts of helpful things, like setting you up with a search for properties or connecting you with folks who have recently done deals like the ones you want to do. 6) Consider analyzing a deal or two in your local market, just for practice, with a free use of our Rental Property Calculator (or other calculators).

Start with BiggerPockets Ultimate Beginners Guide (free).