The building would essentially bring in another $3000 a month which translated to probably $1k cash flow.

Here is the entire report.......shows that 49,059 U.S. single family homes and condos were flipped in the first quarter of 2019, down 2 percent from the previous quarter and down 8 percent from a year ago to a three-year low.The 49,059 homes flipped in the first quarter represented 7.2 percent of all home sales during the quarter, up from 5.9 percent in the previous quarter and up from 6.7 percent a year ago — the highest home flipping rate since Q1 2010.Homes flipped in Q1 2019 sold at an average gross profit of $60,000, down from an average gross flipping profit of $62,000 in the previous quarter and down from $68,000 in Q1 2018 to the lowest average gross flipping profit since Q1 2016.....The average gross flipping profit of $60,000 in Q1 2019 translated into an average 38.7 percent return on investment compared to the original acquisition price, down from a 42.5 percent average gross flipping ROI in Q4 2018 and down from an average gross flipping ROI of 48.6 percent in Q1 2018 to the lowest level since Q3 2011 — a nearly eight-year low.

Suggest you work with a discounted realtor who will do it for less and save your high cost of hanging a license that does not translate to any dough. 

We realize that $70k will not get into us the best neighborhood, but it will get us within a few miles of UMKC, which I HOPE translates into a better neighborhood and maybe some appreciation down the line.

I am new to BRRRR, I have been flipping houses but want to supplement my income with positive monthly cashflow in rentals. Ok, this is where I get lost. My current example is:  I have a flip house I am considering ren...

This translates into lower operating costs for residents, which makes for happier residents. 

That's the usual translation.

Any unexpected repairs on a prop that size can translate into big spends. 

Most of the firms I found online are in center city with some high rent offices which I would imagine translates into high rates.  

Overall that translates into a housing affordability index: