On the other hand, if you’re financially secure, the low-rate loan and potential appreciation make holding more attractive.

I'm not sure exactly where you're located, but according to HUD, the fair market rent for a 3-bedroom in St.

Unfortunately, every state and every locality has different laws and what works in one location doesn't always work in others, so you have to be very careful about the 'free' advice that is given in online forums. 

While there are some markets I feel are so saturated it is near impossible to be successful in todays market (Orlando), in most competitive markets you can be successful if a) have reasonable expectations and b) do everything right (price, location, pro design, pro photos, etc etc). 

My investors acquire with cash as a routine investment strategy to secure properties quickly and eliminate competing buyers using financing.

I can say I'm biased because I'm located here, but the numbers work and it meets all your conditions.

Idk if I like this tertiary of a location way outside of DFW.

@Ofir R.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?

Number looks good enough to me but I just worry about the location tbh.  

Personally I like the Section 8 program when the property is located in a super poor area with a ton of blight and crime.