Who's Cash Flowing $850/Month on 1 Property?

[Max James]

Hi!  I know this is a pretty open ended question, but my goal is to reach $100,000/year cash flow through long term buy and hold rental properties over a 10 year time span.  As of now, (I believe my strategy will change once I learn/network/educate myself more) I'd like to buy 1 property per year for the next 10 years.  The goal is to find a property that has the potential to cash flow $10,000/year or ~$850/month.  That's right, net $850/month after full mortgage payment, expenses, property management, cap ex, etc.  If I can find 10 properties like this, I will reach the $100,000/year goal.  I already have two properties like this under my belt (a duplex in a booming area and a 4 family in an up and coming area).

Who is out there doing deals on 1 property that cash flows $850/month, and what kind of deals are they? The two I have were hard to find and I'm not sure the MLS will get any easier finding these deals.