Successful investors focus on potential appreciation, low-maintenance properties, and networking with agents and lenders.

of course all of those things help cash flow but is it realistic will it work.also your more than 300 negative as you have no money for maintenance or cap ex.the easiest way is to reduce debt. or if you think there is really good upside just pay the negative its just a small number who cares . 

Are you planning on hiring a property manager or someone who can respond to maintenance emergencies for you? 

Purchase price: $245,000 Cash invested: $50,000 This was our primary residence that we are lived in for 6 years while we fixing up and renovating. 1963 farmhouse that was outdated and loads of half a$$ work and deferred maintenance.

This year I am wrapping up my final value add project, and will pretty much go into a more passive wealth maintenance/preservation mode, as opposed to wealth creation.

I will provide all the upfront costs (down payment, closing, etc.) and he will be the property manager (finding tenants, maintenance, etc.).

Most of my properties are older (15-30 yrs) and maintenance is becoming a creeping problem. 

If you’re targting properties in historic areas like Lincoln Park, be sure to budget for unexpected maintenance expenses, as older buildings often require more upkeep.Incorporating 1031 Exchange StrategiesIf you’re looking to scale your investment or defer capital gains from a previous property sale, consider utilizing a 1031 exchange.

We still own property in Texas, and the pricing here for renovation and maintenance is consistently 1.8-2x what we pay in Houston and Central TX. 

A range that I heard was $15k-$20k including property stablization and maintenance costs.