After paying mortgage, taxes, insurance, and accounting for vacancy, maintenance, etc. it will be a break-even situation.

I plan on investing with some partners, mostly close friends and family.

You’re welcome, AllendeAs far as the HELOC goes, if I am understanding correctly, there a possibility for you to use a HELOC on your primary residence, to put a larger down payment on the investment home and avoid mortgage insurance and have positive cash flow from the property?

@Ikenna OkekeogbuStarting with a single-family home rental investment in an affordable market requires education, have clear goals, plan your money, and have a team of experts.

I'm planning on using it for cold calling so the premium all access package with a 200 contact info limit is simply not enough.

We often use VS for apartments that have floor plans that are a bit odd and find they are very helpful.

Lower insurance payment = more cashflow! 

Monthly payment (including insurance and taxes) is $2,600.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

My wife is an investor friendly Realtor as well, we'd be happy to help with any purchases you plan to make here.