If you can buy a house with a small cash flow and there is room to build a duplex on the back of the lot, then you get free dirt. 

There isn't enough cash flow in these deals to pay the mortgage, monthly expenses and the HELOC that I'm trying to leverage against.

Some of the repairs I did were from handymen or small contractors who do not have an invoice system or estimate on paper for cash payment like painting and rent ready repairs.

If you are in the Wilkes-Barre/Scranton market, you used to be able to get duplexes for $50k to $100k and make it cash flow quickly.

As a former business owner, there are times of the month where it seems that all the cash goes out at once.

This also only works for cash buyers willing to buy and hold. 

Just not seeing any rents close to the property for 3/4 bedroom properties that would cash flow for a mortgage that size.

Purchase price: $990,000 Cash invested: $350,000 Purchased this home with my former partner back in 2018 and we put 200k down.

Purchase price: $250,000 Cash invested: $50,000 Primary house hack.

Even if the rental has a decent cash flow with additional flood insurance, we're still not sure we want to take on that risk as we are out-of-state investors (planning to move back to KY in the future, but not now) and we don't like that it will potentially bring down the perceived value when we try to sell it in the future.The seller has never lived there and has not provided any information on if it has flooded before or not.