60k Prop or 100k Prop? Cash flow vs. Value

[Michael P.]

Seems to me when I look into buying a 60k house it comes with issues it's potentially on its last leg in a neighborhood that is consistent with the same issues in the same price point. When going up to 100k you are getting basically turnkey and not much to fix up. What do you think an investor should do? I'm after cash flow not appreciation.

[Account Closed]

Make money on the buy side. How about buying a 50k property, putting 25k into it, and ending up with a 100k rental?

Best I've done is buying a 4K property, putting 25k into it, and ending up with a 70k property that rents for $795/month.

Second best is buying a 22.5k property, putting 25k into it, and ending up with a 85k property that rents for $725/month