I have some brand new homes in Phoenix that cash flow with 25% down.

My excess cash flow per year is around $300k in cash, meaning theoretically I could do 6 deals, but in order to make that salary (HHI $722k) I need someone with the time to do the repairs and manage the tenants.

Generally I'm a fan of hold until you die but in this case you are earning low cash flow on a large amount of equity.

As Stuart mentioned, there are several issues that might arise with the property, which could definitely impact your cash flow. 

I think it is fair to say that there is somewhat of a tradeoff between markets that provide positive cash flow on day one and relatively high appreciation-based markets.

The reason I ask is because most deals I see on Crexi or Loopnet or anywhere else create negative cash flow under 7 or even 10 year terms with 7% - 8% interest rate.

I'm interested in flipping, and short-term rentals at the moment to build good cash flow, then pivot into more of a buy-and-hold/appreciation play 10-15 years from now.

Paper where the current administration is focusing on.You own a property where, regardless of the interest rate, you get $250/m cash flow.

The high tax eats away a lot at the cash flow.

I live in an expensive market (Long Island), where breaking even or cash flowing on a property isn’t really possible right away.