Generally you want to be closer to break even if you are in negative cash flow, but if you have good income this could still make sense.It's also really important to make sure what you are getting into when it comes to condos.

This upgrade may also increase the property value and attract higher-quality tenants, ultimately leading to higher rental income.

Until then, Id really like to set up some passive income in the city based upon buying and holding units for rent. 

For context, I am a doctor with a stable income and was able to put 20% down comfortably to avoid insurance.

Investors can anticipate potential monthly cash flow income that may be tax sheltered using depreciation.

Without consistent steady flow of clients, income is sporatic at best. 

Because if we can take deprecation losses from our rentals, we can use that loss to offset our other active income (from being a broker for example). 

Look for properties that require minor renovations or improvements to increase rental income and property value.

If SFH appreciate 5% annually, do TH generally keep up @5% too?

can utilize a no income no doc DSCR loan .