On my new builds we hit the double cash on cash in certain markets sometimes its only 50%.

If everyone took the cash for keys approach, then the odds of a LL getting such a tenant increases.I have never had to do a cash for keys.  

However, co-living allows you to acquire properties with as little as 0%-5% down, drastically reducing the amount of cash required.Instead of needing $100K+ to buy a rental, a co-living strategy lets you start with a fraction of the cost while achieving higher returns.3.

Quote from @Daniel Tanasa: Another option is to get a small cash out refinance from the house you plan on fixing up, if is in financeable condition, and use that to fix it up, while still cash flowing.

Hello Zachary,  You are correct in looking at the Mid-West for cash flow. 

@Matt Tortora For cash flow? 

You can get between a 12% and 15% cash on cash return each year pretty passively.

When does the cash flow start? 

That creates a really nice price / rent ratio which is favorable for investors looking for cash flow.

Purchase price: $645,000 Cash invested: $516,000 80% cash purchase.2,437 sq ft Duplex, with 3b 2b for the front unit (1331), 4b 2b for the back unit (1333).