Cash flow and equity vs. cash flow heavy investing strategies

[Wil Kacos]

Hey Guys, I’m fairly new to investing and have been lucky enough to be surrounded by some really great investors. My short term goal is to create enough passive income to allow my wife to stay home with our baby(s). I was taught from the beginning that when you buy a buy and hold, first you look to buy a property at a 20% + repairs discount, then you need at least a 13%-15% net CoC return. I’ve been analyzing a ton of deals and can find deals that will cash flow properly, but I’m having trouble finding the 20% + repairs equity. My question is, should I reduce my equity requirement and focus mainly on cash flow to reach my goal, or is the equity discount to valuable as a downside hedge/exit strategy to ignore?