Don't simply think through total rents you'll receive minus your PITI to the bank, but rather you'll want to factor in management fees (if any), Condo Owner Association fees, maintenance and repairs, other utilities, and a capital improvements set-aside for the inevitable things you will need to improve over time.If you're looking at the income minus these expenses and still coming out with a cashflow rate that you are comfortable with, then the only question left to answer is:  are you comfortable with the risks associated with Condos?  

are just a few doing fine, comfortable with a real lazy small thinking routine while making a fortune.

It carried my family (and friends), I didn't have to worry about a scratch or a spilled pop or a ding from someone's shopping cart, I towed tons of stuff, I carried tools and materials for my business, and I was very comfortable and safe the entire time. $10,000 cash is a lot cheaper than $50,000 plus interest, plus higher insurance premiums.

I've begun attending open houses for listings on Redfin and Zillow just to get comfortable with the process and gain a better understanding of what questions to ask—any suggestions related to attending open houses would be much appreciated as well!

I have done cashflow deals in KC, MI and OH for over a decade now and I have found that the 5 to 7 year mark has been the sweet spot for me when it comes to maximizing appreciation and not holding on too long to where I don't have to come out of pocket for a new water heater, furnace, AC unit...

I want to do this deal without partners to maximize cash flow and gain personal experience before using other people’s money.

There are deals out there you just must go outside your comfort zone to capitalize on them. 

If all you ever do is save cash...you will need a few million to retire comfortably. then you will use it up and not have anything to pass down.

However, if you are used to how we worked during COVID and are comfortable with Zoom, Workplace, modified meetings online, a brokerage like eXp may work better and cost you less.

I love NJ and everything it has to offer, but I would feel unfulfilled if I never lived outside of the Tri-State area.2) Stepping outside my comfort zone * This is similar to the above bullet point.