Looking to buy first rental in the next 3 years

[Christopher Sparacino]

Hi everyone, I dont usually post here but I figure I would now to get some advice, like the title says im looking to buy my first rental within the next 3 years, (maybe sooner if i can start closing wholesale deals) but I was just curious, what are you looking for that makes a deal?

For me, ideally I would like to spend $100k and make back $1000 in monthly cash flow from a property, is that possible?

Also for appreciation/depreciation concerns, i know I need to be where there is jobs and population growth, any other tips?

And how does compound interest work in real estate investing, if at all...

Any other tips you could throw my way would be great.

Chris