It was  1100 ft² 3BR/1.5 B brick ranch bought for 34k off of the MLS.

The property I am looking at is one bed one bath patio home located in class B neighborhood in northern Alabama. according to rentometer, the rent average about $850 monthly. the property tax is about $1100 annually, and HOA fee is $80/monthly that covers lawn and pest control, garbage, and pool access.

. $10k in damages.Situation B (pet liability): Tenant's dog bites a passerby on the sidewalk.

@Ann B. 

You might have bought a higher cap rate but tenants and quality of location might not have been an A.For location you can have A,B,C,D and tenant quality (mom and pop tenant single operator, mom and pop tenant multi-unit operator, franchisee single tenant operator, multi-franchisee location operator, national tenant (private credit), national tenant (publicly credit rated but not investment grade), national tenant (investment grade).Then you get into how many locations or type of credit is backing the lease and a ton of other factors. 

No but I lived in a B class neighborhood 

I will be returning home with a nice amount of money saved with the intention of investing it, however I will also need to get myself a car for obvious reasons. now my big dilemma is which route I should take to allow me the best start to my investing career, the way I see it these are my options.The numbers I will use are purely an example.Option A: I buy an older car outright for £5000 with no ongoing costs Option B: I pay a small deposit of £2000 on a new car and finance the rest at £300 a month for 48 months, owning the asset at the end.Option C: Lease a car for £350 a month with no upfront payment, and give the car back after 48 months and repeat. 

@Malcolm Cotton I would say make sure it is a C or a B class property, from your numbers it seems to me that it is.

@David B Richardson for sales jobs you typically need a two year track record of consistent income.

@Mike McCarthy sure thing, I was referring to B | C location with A | B unit.I think that we all agree on positive cash flow per unit when the unit is in good location and in good quality.