Some mortgage companies only allow 75 percent of the income you receive from a rental toward your income calculations.

The reason I used number of units was to mentally prepare myself for the work ahead as I feel stating a return expectation may suck me into waiting around for that one deal of a lifetime.

To me it does not apply the 70 percent rule.

The average cap  rate is about 6.45 percent for class C properties.The Gross operating income is $3000. 

I am looking to buy some condos or townhomes that will make the 1 percent rule.

Have just begun reading Rich Dad, Poor Dad.Have also listened to following podcasts - Keith Weinhold's "Get Rich Education", Rod Khleif's - "Lifetime CashFlow", The Real Estate Guys, and obviously Bigger Pockets.Have also bought a Rentometer PRO subscription.We (me and my wife) are located in Southern New Hampshire.

He now puts in they buy at 5 percent under the appraised value, and reappraise at the time of sell.2. 

I would start with a house hack or just a simple 20 percent down payment SFR.

Lifetime Cash flow with Rod Khleif (pick and choose), best ever real estate podcast - joe Fairless, and Real Estate Guys Radio Show

My question is should I expect my cash flow to be positive while I live there or should I expect to pay utilities and maybe a little towards rent or should I only accept a deal that makes me some money and has a higher percent cash on cash after I move out?