Buying my first Rental

[Account Closed]

I am looking for lots of feed back here. I am new to investing looking to purchase my first property soon. I ultimately want to utilize BRRRR as my vehicle, but I have very little of my own money. Here is where I need some help.

I am thinking of buying a home that is move-in-ready (I have my eye on a couple that range from 90-95k).  I have a friend who is looking for a house to rent.  I used Four Square analysis and it looks like I could cash flow right around $200/month.  I feel like I am overlooking something.  Can someone help here?  Oh, and I am looking to put just 3% down.  

[Darius Ogloza]

Renting to a "friend" often invites trouble.  What if the friend can't or won't pay rent?  I would ask you to reconsider this part of your strategy.