Ran some high level numbers for condos to buy to rent out. I didn’t see anyway I could have + cashflow.
I was looking in desirable areas known to me and not at run down property.
I agree that properties needing repairs/renovations are not really priced accordingly. Thus I’d prefer a property with some renovations already done…
Also, I am bad at fixing/handy-man-ish kind of thing and even if I do it myself, it takes my time away from kids which won’t work for me.
