Hi,I am new to RE Investing and would like to check if following numbers makes sense or am I missing anything:Property Details : 3/2 TownhomeIncome: $2800Expenses = $2700 (approx)Here is the break down.Mortgage + Tax +Insurance = 1800HOA = 265Vacancy = 5 % per month = 140Repairs + Cap Ex = 200PM = 10% per month = 280Total Cash Flow : $100I can get greater cash flow if I manage myself but I am not planning to do it.I am thinking of getting HELOC and buy a new primary residence and rent this one.

Also, there's a big tax benefit from paying your primary home mortgage that you are missing out on when you rent.

The problem is that I can't get a loan - I'm too good at taxes, and don't have enough income to qualify for conventional products, and don't have enough portfolio, cash/flow, or experience to get hard money.

They rarely pass a property on initial inspection because they want to be paid for another inspection.4) They can't come up with security deposit.5) S8 offices are using tech from the 1990's!

Are you prepared for vacancy loss, taxes and insurance to go up next year, etc? 

Besides, I can offset that risk with requiring first and last month Rent in addition to security deposit.Only Tenants who can submit security deposit and all rent money can sign the lease.

but you should always do a quick title preview to know what is on a home you might purchase at any tax sale or foreclosure sale.  

If i have a triplex and receive the tenants security deposits.. do i need to open 3 separate interest accounts with the tenants information? 

Take into account elements like diversity, tax advantages, cash flow, and potential for appreciation.Determine Your Risk Tolerance: Investing in real estate entails some risks, such as shifting market conditions, vacant properties, and unforeseen costs.

The "mail address" is where the property tax bill goes.Add to that LOI "CC: Owners of the ABC Trust" or "CC: Owners of 123 Property LLC," and date it when you send the email.