Cash flow should not be your only consideration.

Would love cash flow, of course, but if I could at least break even on a highly appreciating property, I'd be happy with that. 

Good way to build a list of commercial firms in that area that have some deal flow. 

So what is the strategy to keep cash flow high or increase it, if you lose money increasing rent every year bc of turnover costs and new leases? 

I found a property in my area that would produce decent cash flow and appreciation; however, I would have to use funds from a HELOC on a different rental property for the down payment.

Hindsight Critique•Continue to build relationships to increase deal flow•Property manager (Mercer Hughes) is critical to completing renovations and quick tenant placement•Continue to build relationships with private lenders and personal investors•Have cash available to make quick competitive offersDid you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

It is much easier to hit cash flow goals.

It's not just the taxes, but being able to at-a-glance look at expenses by the month and year, profit and loss calculating automatically, and even cash flow by property and total portfolio by month and year.Thanks for suggesting it!

BTW, the rental property is cash flow positive.Not exactly.

But real estate is not particularly good at cash flow.