I can reasonably expect 4-5% in some parts of Hampton Roads but they are not very desirable and probably will not appreciate.  

I would prefer some low money down methods because I'm only earning about 500€ (546,65 US-Dollar) a month.GreetingsAchim Schaffrath

I cared about this deal because after it's all said and done, for my $32,000 + closing costs, I'll be earning around $1,700 per month net.

Other thoughts: has she "earned" it yet?

If i had perfect credit I wouldnt be looking to rent and waste my hard earned income paying someone elses mortgage.

It can be tough,  after management fees of up to 40% and profits taxed as ordinary income,  to earn your desired return in the short, sunny window we get.I love your thinking about this.

I know the desire to own and hold properties, i share the same sentiment but without cash it will be really difficult. the saying, cash is king, is for a reason because it gets to demand lot of others to its tune...So saying, if your analysis and research proves that you are getting a GREAT deal and that your payment back in the 401k is surely met (unless you decided to pay the early withdrawal penalty and tax) and your risk for any health/life event needs are less to none, then i say go for it...I encourage you to go forth and prosper...but if you are having any second thoughts on your course of action, then HOLD back and save up as much as you can till you are not held back with any second thoughts... just my 2 cents bud...all the best

I do plan on being a RE agent to earn some income that I can use later on to invest in some rental properties.

You certainly don't want to say you are earning a "commission." 

I use the fact that other people charge extra as my no-cost way of making my properties far more competitive and desirable than that of other landlords.