Invest in Columbus before it becomes too expensive over the next couple years.

This lists all income and expenses per category.

I've also considered properties where I could create two units to increase my revenue that way, but those types of properties are very expensive here. 

I found an opportunity to purchase a property that would cash flow approximately 100 dollars a month in Texas including property management fees among all other various expenses with a tenant already on a lease.

Investigate the reasons behind vacancies before proceeding.Unreliable Cash Flow: Inconsistent or declining cash flow projections may suggest unrealistic expectations or hidden expenses.

Because of this, they're purchasing their own supplies/materials with very minimal labor expenses.

If the project only cashflows with interest only payments, that isn't a deal to me. there are going to be other costs involved such a cap ex and maintenance, so you will need to bake in a certain amount of expenses beyond jsut the mortgage payment too.

The seller paid like $500, I paid nothing, and they replaced a water heater.

Ditto on contractors but also construction supplies are an issue, not many home depos uphere and the few mom and pop hardware shops are poorly stacked and are more expensive. 

By having tenants pay those bills themselves, we are reducing our expenses, and able to charge less rent than our competitors who are including those expenses in the rent.