You still have to worry about other things like job growth, population growth, unemployment, macro economic trends, etc. 

Yes, as Lucia said, you should talk to zoning before going forward with the purchase.

Purchase price: $110,000 Cash invested: $40,000 This beautiful 3 Bedroom and 1 and half Bathroom house is located in South Acres Estates subdivision.

Are you purchasing them as distressed homes and rehabbing to hold, or purchasing something turnkey.

As an investor, you should only make numbers-based purchases.Also, agents are only transaction-based - if they make a mistake (or choose to take advantage of your naivete) they still get their commission check and can disappear:(So, a great PMC is often the best choice to start with, since they obviously know the rental market and they have to deal with whatever they help you buy, on a daily basis after the purchase!

Rent to purchase ratio is $4600/$430k = 1.07%.  

Are you looking to combine both your first mortgage on a rental property you own with a purchase of a new rental property where you are assuming the note? 

Hi all, I want to purchase a duplex to start my travel hacking journey.  

You might consider hard money for the initial purchase or going with a DSCR type lender if you find something that is more turnkey.Hey!

Hey Travis, It is much harder to obtain hard money financing when you already own the property rather than purchasing it.