If one has high living expenses, cash flow doesn't mean much and I definitely understand going for appreciation first.

You should dictate how rent is paid.

You can't just take what you paid and start charging interest on that figure, because part of what you paid was already accrued interest.

Mission Driven 80% AMI rents also only account for the “tenant-paid portion” of total rent.

The property will cashflow around $500 a month after all expenses.  

However, you must have reasonable limits and hold to them.I give a great example in my book where a tenant abandoned a 2,000-square-foot home full of nice furniture, expensive jewelry, a brand-new $2,000 rifle still in the box, etc.

They have a podcast, a mentorship program , and a website with (paid) investor reviews in less than a month.

Cash Reserves & Emergency Fund✅ Have 3-6 months’ worth of expenses (mortgage, insurance, taxes, and maintenance) saved.✅ Keep an emergency fund for unexpected repairs and vacancies.2.

My vision is to keep it a while (it’s paid off) and use the cashflow to help with my kids college.  

@Tyler Garza, "rent being paid by the tenant" is a flexible term.