Besides that, I think I would budget aside a bit more in the beginning for repairs because you just never know with flipped properties.I would chat with a realtor about this and also consult with a local property manager to verify your numbersRather see you be very conservative with rents at first and be spot on with everythingBesides that, if everything checks out with the area and rent, go for it!

If anything it will keep your more disciplined and conservative. 

I would account for $15-20k to get you to closing to be conservative.

Know your industry norms for that market and be as conservative as you can within reason. 

Repaired and maintained old windows with properly installed storm windows are demonstrated to exceed the energy conservation of new windows. 

Anthony, I am by no means a professional analyst, but I have run enough analysis and being a owner/property manager who does all his own maintenance, and repairs, and I would advise you to listen to your gut, and run the number from a conservative position.

I want something upwards of 10%ROI when I am being very conservative using my numbers/cushions.How do you feel, multi or single family for a first investment rental?

Buy a conservative start home in Colorado Springs with low down payment.

I totally understand being financially conservative but this seems to be wealth-adverse.

(maybe - need to see more of the home) I ran real comps with an agent last night and a conservative ARV is actually $198k so there is a little more room here than I originally thought.