How much CASH FLOW can $40k buy?

[Mitch Kronowit]

Good evening all,

For those of you familiar with my approach, you already know I'm interested in holding onto property long-term for the appreciation potential. However, my wife and I are willing to take a good hard look at the other side of the coin, i.e., pursuing cash-flow to see how that might work for us.

So here's the $40,000 question: Where would you invest that amount of money in order to maximize your cash flow?

- Purchase an inexpensive property for all cash, fix it up, and lease it out pocketing nearly all of the rent check?

- Leverage the $40k into more expensive properties?

- Purchase a note?

- etc.

Please, I'm only interested in real-world practical applications in this current market because $40k is what we really have to invest. Don't bother telling me I can purchase 40 properties using $1,000 down because some "Guru" said so.

Thanks everyone!!! :beer: