For me, I'm looking in the 90-120k range and my absolute minimum is $200/month positive cashflow (this includes management, although I plan to self-manage my first few properties).

Make sure percentage rent is on gross sales including all sales eat in, take out, and delivery.How much does the rent go up a year even if percentage rent is not hit?

However, I would suspect San Diego is in the bottom 10% on day 1 cash flow and likely bottom 5% day 1 cash flow if not including locations with rent control (San Diego does not have rent control). 

This data only includes the 19 small to mid size cities and towns I am interested having investments in.2016 Multi-Family Sales2 Unit Apartment Buildings in my Farm took a dive last year, would have been a good time to buy a 2 unit building but I opted for a 3 unit with better cash flow.59 (2)unit properties soldRed line is the sale price, Blue line is the list priceThe average sale price for the year was close to $65,000The average Discount from list price averaged $9,000Only 10 of the sold properties were purchased at list price or abovePrice per unit was a whopping average of $28,6543 Unit Apartment buildings in my Farm did a little better on price the building I purchased was the last 3 unit in December in 2016 at a 10% discount from the list price and about 11k below market rate at that time.13 (3)unit Buildings soldRed line is sales and the blue line is discount from list price.The average sale price for the year was close to $83,000The average discount from list price was $9,000Only 1 building was purchased at 5k above list priceThe average price per unit was $27,4872017 Multi-Family Sales2 Unit apartment buildings in my farm this year are not suffering as much of a hit to price this year although the average price has continued to drop but only slightly.62 (2)unit Buildings soldRed line is sales and the blue line is discount from list price.The average sale price so far is $58,000The average discount from list price so far is $7,1417 Buildings have sold above list priceThe average price per unit was $30,0003 Unit apartment buildings 201710 (3)unit Building soldRed line is sales and the blue line is discount from list price.The average sale price so far is $75,000The average discount from list price so far is $8,7231 building has sold at list priceThe average price per unit is $25,175SynopsisAlthough there are some minor fluctuations in the NEPA Multi-family market the next chart shows all Multi-Family sales year over year which shows the relative stability of the market.  

That number doesn't include finishes which can be all over the board depending on what you do.

A step into that direction included me getting involved on the internet.

He put a lien on my property for all of the work including the unstarted and unfinished work plus $3500 for nothing.

The benefit of renting is all maintenance/repairs are included. 

It's part of your PITI and should be included as such in your math.Just like a deal might not make sense because someone's FICO yields a higher interest rate, there are also cases where a deal might not make sense because of the high property tax bill, HOA dues, etc.

For that reason we chose to stay in Buda on the NW side where there is a lot of new development including a new High School (under construction) and elementary and middles schools that are ranked well.