Hello BP,My name is Derek and I've recently moved back to the Buffalo, NY (family is from here) area after spending the past decade across the border in Toronto.I'm in the process of getting my 1st property, pre-approval for my Financials are set, and I will be looking at properties starting this Sunday (yes, sacrificing a football Sunday, so you know it's serious!

Now, I'm in a different stage of life - nearly twice your age and 3 young kids, and a job that makes more than 4x, so it's difficult to pursue my desires without sacrificing my family's (family of 5) well-being.   

I could have still made lemonade with lemons, but I certainly would have sacrificed a full year and a half of cash-flow with the eviction process, in a major urban area that is not too landlord friendly.

Basically, you will be sacrificing 15 years to acquire 1 more property.  

The property itself could bring in a conservative estimate of $2800 a month once all units are fixed up, but I would be sacrificing $400 of that by living in it of course. 

Sure I'm sacrificing some returns by doing so, but I deal with much less headache.

I only see the 1.5+ ratios in tougher neighborhoods, I have been leaning towards better neighborhoods, sacrificing a little cash flow for stability.

there will be many that live in each state.... turn key generally produce's a few of your trigger items not necessarily all of them though in one house.great houses and tenants usually equates to a smaller NET return... as your return goes up your sacrificing something.Unless of course you go the state your self source your deal do your own rehab and etc then those metrics are not to difficult.

How much time do you have for real estate without sacrificing things that are of greater value to you like time with family?

Or is there something I can figure to raise cash-flow without sacrificing the big cash-out refi?