I decided not to go that route and start looking for a good PM in Kansas City to buy some cash flow houses through and manage.

Purchase price: $655,000 Cash invested: $40,000 Sale price: $770,000 Purchase and hold.

As Stuart mentioned, there are several issues that might arise with the property, which could definitely impact your cash flow. 

There are some HOA's that are in such bad shape they wont allow any type of loans and it must be a cash purchase.

Purchase price: $225,000 Cash invested: $40,000 Sale price: $375,000 Bought a large 4 bedroom pool home and flipped

House hacking with an FHA loan is a great way to minimize living costs while building equity, or you could invest in an out-of-state rental for steady cash flow.

BP is not a great place to air out is this coach good or that program good.. as you stated 90% of the people on here are single minded they relate everything to owning a cash flow home and everything else is just gambling or guru speak or whatever..

If structured well, this can be a great way to get started without much cash.

If you math it out it is probably unlikely that you will be cash flowing on a property that you are using 100% leverage on from a turnkey company.

Let's of NYC investors look at other cities in NY, Rochester, Buffalo, etc... they can drive to them to see them, and they know the state well enough to feel comfortable.Most of the rust belt cities in NY offer cash flow as well.