Firstly, becoming a multifamily agent is a fantastic way to learn the business first hand while making some cash in the process.

If your priority is cash flow, then you need to look at markets that support that.

If you know where to look and have the right time, you can find properties that cash flow.

The bigger you go, the less competition you'll have and the greater your chance at some serious cash flow. 

It’s a low-risk entry into real estate with built-in cash flow potential.

I personally walked and researched every property prior to investing to understand what I was buying, what could be done to add value and what I should expect in cash flow and appreciation.Learning what makes a good investment for you is absolutely necessary. 

I'm interested in flipping, and short-term rentals at the moment to build good cash flow, then pivot into more of a buy-and-hold/appreciation play 10-15 years from now.

Including the Statement of Cash Flows.  

My plan is to mainly focus on cash flowing properties that make the 2% rule. 

Set aside a big pile of cash or rely on a line of credit you won't be using.The oversimplified insurance concept is to pay a small premium to cover a large loss.