Even if you are negative cash flowing but living there, it may be worth it, as you are not paying rent to someone else.

Also want to invest in my personal rental properties and create good cash flowing portfolio.

By accelerating your depreciation schedules, you reduce your taxable income which in turn increases your operating cash flow.

This advice is also assuming the deal is turning off some kind of cash flow or at least drawing even after all expenses.

I have reviewed their properties which is in line with the type of assets I like to own for cash flow. 

My core investing philosophy is pretty simple, and has done very well across almost two decades and numerous cities:1) Invest in cities with population (and job) growth2) Invest in parts of the city where household income is near the median (or slightly below)3) Invest in properties that provide cash flow from day 1 Thank you for sharing that. 

And notice the flow.

Couple hundred bucks a door monthly cash flow, solid ROI, and yes plenty appreciation (#1 appreciating city 2023).

All interest payments flow back to the Roth IRA and HSA tax-free. 

Quote from @Adam Ortiz: Hey everyone,My biggest dream is to own my own property, and start developing some cash flow.