What is the minimum cashflow you would accept for a rental?
Brandon recently said that $200 of cashflow after expenses (including mortgage) on a house is a homerun. I am aware that different markets produce different results, but what is the minimum amount of cashflow you would accept on a potential property? I am in Ottawa, Canada and apparently downtown SFH's and duplexes should go for a minimum of $1000 after expenses. Thoughts?