I found my answer.

Those terms seem to favorably impress people who are unsophisticated in finance as having found the holy grail of wealth accumulation.  

I quickly found Chattanooga Tn in 2009 (very early) and made a killing.

Apologize if these questions are vague, I am quite new to this.Happy to provide some of the data I have found thus far (though data online is scarce given the size of the town).Thanks!

I would like a property that cash flows, but I haven’t found one on Zillow yet.

you say you "found it" - is it on the market, or off? 

@Rajagopalarao PaidiRecognize time is also money if you are financing it and I have found without an agent will take longer to sell.Also are you local where you could manage all the showings, advertising etc?

I found out a few tricks to doing it. 

I found it off market How did you finance this deal?

My property taxes went up 2.7 times once the county found out I was renting it out - it took about 2 years.