Let's say the average or newbie investor needs a balance of both.I have listed out a few cities for myself that we are monitoring, each city lets us achieve a different goal. 

I've seen anywhere from 35K-150K and trying to understand all this, has me wondering if what I'm planning to achieve will work.My dilemma at the moment is how to go about things financially. 

I don't think investing at a distance that you can achieve that.  

Try to work looking at finance x cash flow and with it what can you achieve, not the way around.

Often times I put myself in the tenants shoes and communicate in a way to achieve a win win.

Maggie, do you have any advice you can share to achieve the top producer tally?

@Sam Usman also remember that the advertised going in cap rate may not be the same as the cap rate you achieve after value add and immediately improving operations.

Hi all,I am new to the US rental market and have a few questions.The item expenses, to be deducted from the gross monthly rent in order to achieve the NOI/cap rate/net gain, etc. is for me the biggest obstacle when trying to decide on any investment.Unfortunately, it is not often possible to arrive at a reliable figure/percentage, I have seen many vendors/operators give vastly different estimates.As a general rule of thumb, I would be inclined to think that it could be anything from 30% (minimum) to 50% or over.

I have some financial goals I want to achieve first before I start saving for a rental property.Years ago I made the "smart" decision to get a Discover credit card in hope it would start to build my credit.

Maybe take time to work backwards from those goals by creating action steps you can take to achieve said goals.