I was expecting to hear more things about Section 8.. or other types of investments that may provide some more stability.However, ultimately what I'm looking for is a better understanding of the type of real estate investment that would fit my risk threshold.. and this thread is helping me figure that out.I started by thinking that the cheapest areas/properties may be the way to go.. because they are cheap (so worst case scenario I can foot the bill for a little while) and they can potentially cash flow.

Have a plan in place up front rather than trying to figure things out on the fly as much as possible.

Actually my $50mm figure above is wrong. 

I don't think I need to have that exactly figured out on day 1 of my first rental purchase, I need to get into the game. 

Hi everyone,Im trying to figure/find out how strict the rules are when it comes to getting an FHA loan (I want the minimum down payment) and renting it right away.

Can I leave them off of the original purchase since they are gifting me the money (6 figures) or do they need to be on the original deed and then when I get the mortgage remove them?

and I'm still sitting here trying to figure out how I can classify all my income as tips.

Part of my calculations does figure in vacancy, repairs, and capital expenses.  

If you are looking on Airbnb at underperforming rentals I do not think you have a way to figure it out as Airbnb gives about a .25 miles bubble on the map. 

@Saul Clavijo make sure you understand you will be getting into Class C properties at those numbers.Food for though below, DM us to chat more about Detroit:--------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?