If you could make it break even on a 15-year note, that would be an entirely different story.

Not necessarily looking for cash flow but wanting to break even at least. 

Evicting two problematic tenants was a challenging process, even though we managed to remove them quickly.

Then I would partner up with a flipper, maybe even wholesale some deals to get started. 

Hi Nicole, 25% gives me cash flow, 20% breaks even.

If I get 80 or even 75% cash out at refi I will have replaced my purchase and rehab costs.

That could be risky too but otherwise for 2-5 months out of the year I could be breaking even or in red. 

@Jahangir Hasanovthose low price points are tempting for a reason... probably lots of deferred maintenance and potentially in more challenging neighborhoods.if you think you're going to buy a random property off Zillow and start cash flowing in month 1 or even year 1... buckle up.i strongly recommend you start with a house hack locally instead. 

Even a house hack is super tough in the city now.

Even then my stock performance was dismal compared to RE even considering investing a lot more in the market.