I learned a difficult lesson buying Class C "cash flow on paper" properties in Indianapolis metro area (and I knew that area and lived there before, just not down to a detailed level).

Always smart to see the bigger picture and future cash flow potential!

While the taxes on the listing may seem reasonable if it turns out they’re 300% more than they were two years ago just because the community has increased its spending this is a trend that will quickly make your cash flow evaporate.

Purchase price: $271,000 Cash invested: $30,000 Duplex with 1 bed, 1 bath in each unit + 3 car garage in a great neighborhood.

Before jumping into the condo, I’d take a closer look at whether the $300/month cash flow is worth it compared to other options, like a small multi-family property or a property in a higher-yield market.

In 2019, I launched my own revenue management agency to help Airbnb owners boost their income and achieve greater returns on their short-term rental properties.

Would it make more sense to move the money we make from selling to a different property that could potentially increase our cash flow? 

I've changed some of my goals over the last couple of years. my goal is to get to $50,000 a month in monthly cash flow.

So anyway one can pay the  20k and get some basic theoretical knowledge but one should be realistic this is a big cash up front business.. your not going to find consultants doing this work on the come.  100% agree.

Another great option is the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat), where you buy a fixer-upper, renovate it, rent it out, and refinance to pull your cash back for the next deal, and this is a good route because most private lenders can go higher LTV than on a rental loan!