dunno what your market dictates or the neighborhood the property is in.Now for the financing...130k Purchase Price20% Down = $26000Rate 5%Term 30 yr fixedPMT = $558NOI(Monthly) - Debt Service = $142 Cashflow ($1704 Annually)CoC = $1704 / $26000 = 6.5%If you would invest $26,000 to buy 56k in equity and  increase your income by $142/month and also grow your net worth a few thousand a year thereafter...  

I also wouldn't mind maybe meeting a few new clients too as I try expanding and growing in both aspects.  

@Ryan Clark  Like your drive, but 1st you have to grow up.

That company has been one of the Fastest 50 Growing Companies in the state for years. 

I will eventually start looking more towards Orlando and other outlying areas as my knowledge of RE grows!

Here's my experience with Mastermind groups: the best and most productive Mastermind groups grow from casual interactions at bigger meetings. 

@Ryan Billingsley Right now we are just in Kansas City and even at that we haven't put a lot of time into growing our presence there.  

So I found a mushroom growing in the bathroom, got a work order they came and cleaned it up along with mold in the bathroom window, they cleaned it up.

I have only had one instance of a pet in the student rental,  a cat and it lead to roommate conflict. 

I look forward to building mutually beneficial relationships with those that are looking to expand and grow their network.