Different Cash Flow with Different Financing

[Dakota Adney]

Hey BP, 

We have all heard "It cashflows $X per month" or "I only buy if it cashflows $X per door". Brandon and the podcast guest talk about figures like these almost every episode in the Deal Deep Dive. 

Is there a general consensus on what type of financing investors are using when they quote these terms? Obviously a conventional 30-year note will leave with you with more cashflow than a 15-year portfolio note (longer term, generally lower rate). Many of the deals I analyze ONLY cashflow with 30-year financing, but based on what I've gathered from the podcast, 30-year notes are actually less common among investors for various reasons. 

I know I'm going to get 100 different opinions on this, but I'd like to hear from seasoned buy-and-hold investors, maybe even @Brandon Turner ;), on whether it's common and okay to use 30-year financing on nearly every deal. Maybe I'm missing something or just not finding the killer deals!

Cheers, 

Dakota