Obviously, you need to determine actual expenses, but it seems like this is good enough to push forward with in my opinion.

Most markets will allow you to dial it in to your preferences: as you push appreciation up, cashflow usually comes down.

The lender usually pays for all repairs and rolls them into the loan. 

But that’s when you need to push yourself and an excellent way of doing that is recalling what marathon runners call “Reaching into Your Cookie Jar”.

Don't be afraid; keep pushing.

We're interested in out-of-state b/c we currently live in a HCOL area, but want to get started ASAP, which means looking at more affordable markets to start gaining experience.We however consulted our financial advisor a couple times, and have received push back on doing out-of-state real investing for a variety of reasons, including 1) we are currently renting in a HCOL and are saving up for our primary residence buy which is in another HCOL area (LA as want to be closer to our parents when we consider having kids, so this is a bit non-negotiable), which we aim to have enough funds for by end of 2024, 2) we have a fair amount of student debt that we want to aggressively pay off once loan payment freeze ends in 2022.Wanted to share our situation with the forums here and get some feedback.

As such, you are not very likely to find something meeting this specific criteria listed on the MLS as the strong demand for this asset class pushes down the returns.

(you might have to pay some closing costs unless they can roll them into the FHA loan).[2] A lender who will lend to you.[3] Acceptable lender credit.But job #1 is to stabilize yourself indoors, then get a second job and save up some emergency money so this is less likely to happen to in the future.If you get  a second job at a resturant --maybe you can eat for free there.If you are depressed--get some counseling....some place charge a sliding scale on what you can afford.This is just a skim over view on this stuff...It will probably take you a couple of years to get your act together to where you are comfortable buying..so in the mean time study.Good Luck!

Definitely get your LLC rolling.

Hi Guys, Happy holidays - I'm a very new landlord in Philly (about 1/2 a year) in and I'm expecting 1 of 3 units to push back on paying rent this month.