How do you make cash flow in a hot market?

[Tom Lybyer]

Used a 1031 to buy a rental. Used all the money plus brought in 20 k to make the rent low enough to make sense and be safe. My loan is 70 k. In my small unimaginintive  mind, I can only see 70-80k loans to make cash flows. How do you do it when low end homes start at 230k? Small Condos and town homes go for 180 - 230. Hoa’s kill that cash flow. Are trailers / mobile home good? Still have a space cost. Rents are only a little lower. depreciation seems to me would be a problem here. I can see falling down homes as a maybe. But I am loud wiener and potty mouth trying to hand a picture. I would have to hire the fix up to a contractor who is probably competing for the same property. Listen to me wine. No pictures were injured in writing of this post. Surfice it to say, please help me understand how to get out of my 70 k loan max thinking.