You clearly have never done this so why are you trying to do it?

According to this NYT article "It can cost as much as $10.5 million for a title-contending starting offense and defense in the new Power Four conferences."

I wish you luck with this endeavor! 

Been working out great so far :) this is in OKC and I have one in Fresno, CA.

Purchase price: $630,000 Cash invested: $30,000 I was selling another property and used the 1031 exchange fund to put down the downpayment for this property, and it was cash-flowing from day one.

This is a huge red flag. 

I do this with my own portfolio by placing half my capital in high yield mortgage notes, yielding me 12 -18% annual; and the other half in real property with often little current cash flow but large appreciation potential.  

It seems like a great opportunity, but as someone based in DC, I don’t know much about Salisbury.I see that it's fairly close to a hospital, which could be good for medium-term rentals (MTR), and it's also near a university, which might attract long-term renters.For those with experience in this market, I’d appreciate your thoughts!

All that "certainly yes" cheerleading (and other Grant Cardone-style baseless crap) is best ignored.Read this older thread that states my opinion on the issue:https://www.biggerpockets.com/forums/51/topics/1124042-tax-d... 

This means that net rents (after operating expense or what they call Net Operating Income -NOI for short) has to cover the mortgage payment plus 25% or more.