., is all "part of the process".I wouldn't overthink your first investment especially if you can part with the dollars on the down payment.

If you need it to cash flow then furnished short term rental is your best bet; people pay top dollar (over market) for places that are this nice!

I am with Mason, put in a realistic rent dollar amount. 

I have pretty much zero dollars to my name but I have a street PHD (poor, hungry and driven).

Across the street from the property are multi-million dollars homes. 

The folks who are MTM are too far below market so send them a notice of renewal at xxx dollars.

But if a disgruntled tenant ever vandalized the unit, or if your toilet flooded you could be responsible for 10s of thousands of dollars of damages.

If you buy in a location where prices and rents are rising faster than the inflation rate, you will be able to buy the same set of goods because you will have the additional dollars you need from increased rents.

Online marketing is much better but unless you are spending thousands of dollars a month you will be on page 7. 

It’s not ALL about dollars & cents.