I'm just trying to point out that "cash flow" is actually pretty elusive right now on a vanilla long term rental, in ANY market, without some kind of niche or creative strategy.Run the numbers. 

@Mike TashmanOK - a couple reactions - cash flow is extremely difficult right now without a creative strategy. 

One way to make remodelling works is when you buy home that has a larger lot, then your creativity could kick in to create value.Also if you do rehab in good market, you better rent it out for two years before selling so you can catch rent, reduce tax and make more money.

Your income definitely shows you could do a new build, but if you are a first-time builder, finding land, construction costs, and managing a new build will be way out of your zone of genius, especially if you both work busy jobs.To get value add, you can look for a multi that has really good space/bones, but needs upgrading so you can live in a really nice place and create a second nice space for rent/family.

You can get creative with the terms and even throw in some real care like if they attend classes or group then X.

For BRRRR, you'd have to get really creative. 

He specializes in fix/flips/builds, buy and holds (STR/MTR/Section , Creative Finance, and various commercial asset classes.Meetups are the #1 way to get started or grow your real estate business.The next person you meet just might become your business partner.

Any creative recommendations y’all could throw out for this rookie couple “refreshing” their first home?

Throughout my research over the past 6 months I've learned about creative financing which intrigues me and is something I would need to learn about moving forward to scale my portfolio. 

Real estate attorney, my tax advisor who truly understands creative financing - Paul Dion.