Your tenants will either pay market rates or move in with family. 

Cashflow would be better found in the Midwest where homes are still cheap and rents are OK. 

Then look at occupancy and nightly rate.

Break even cash flow or positive cash flow (on todays rates)Willing to do value add and development project I would do a house hack in your local market where you live.

For example, investing on the south shore may offer affordable property prices, but it may also come with high crime rates and a less stable environment.

Has the borrow rate historically been lower than the dividend rate?

The difference between the two is an entire new loan or a second equity tap which will give you whats called a "blended rate" option.

Use it to see how much cash flow a property could generate.Market Research Mastermind: Become an expert on the area's rental rates, vacancy rates, and appreciation trends.Renovation Reality Check: Don't underestimate the cost of fixing up a property.Price is Eye-Catching, Value is KeySure, a low price tag might grab your attention, but remember, true success comes from finding properties with exceptional value.

If you are using an accounting software, it is impossible for the assets to not agree with the equity / liabilities.Did you factor in everything from the closing statement(such as pro-rated rent, closing costs, lender fees, etc)Did you use a PM company, if you did, did you factor in incorporating the PM Statements.Again, if you are using an accounting software, and factoring in all the transactions from your bank account / credit card, it should not be off.

There is no "cheap" way to do this sort of thing.