Sometimes pulling out equity and reinvesting it elsewhere..maybe in a smaller, more agile asset..can give you the cash flow boost you’re after without giving up a solid property.Improving the property’s current performance by making it more appealing to tenants or tweaking lease structures could give you a nice bump.

However again if your bound and determined to buy the physical assset then you need to buy quality not C class.. you will NOT get consistent cash flow like you are thinking your will. you will have tenants stop paying you will then get NO rent for 2 to 6 months as you evict and then spend thousands rehabbing the house they just trashed..

And/or are you willing to take the risk of being sued by the seller for not performing on a legal contract (and losing your earnest money)?

This might help you see the property’s performance in a clearer light.

The only silver lining is this property performance so bad, that it helps offset the gains from my other 10 homes. 

my RE income from my rentals is semi-passive of course... so less active than W2 but more active than dividends or social security.I just dont really see owning rentals as passive to me its active if your going to stay right on top of them and have them perform like you want them to ( this is specfic to owning C class low B class sFRs  Not those who might own 100 unit apartments with professional management those are passive as long as they are working good. . 

The key is to consistently put yourself out there and learn from others in the process.Good luck!

The Cape also in my opinion is oversaturated with STR's so it's challenging to find a base number of how your property will perform. 

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

We invest in mortgage notes (performing and non performing).