Purchase price: $50,000 Cash invested: $50,000 My first investment was a three unit deal for $50,000 cash.

So in the analysis I put the purchase price the same for 1st and 2nd strategy but the ratio of purchase price to rent is different since the turnkey is rehabbed and tenanted, and so you're paying for their premium.

I'm not doing Rent to Own and selling mobile home with no interest - a portion of rent is applied to purchase price. 

It would take 4 years to save another $100k before I could make another purchase based solely on the cashflow.

As you may know, Harrisburg can be block by block and depending on what block it is on in 4th St, I would be very interested in purchasing it. 

@Hoseah Njuguna Hi Hoseah, I’m interested in taking a loan out on my TSP account to purchase my first rental.

While there’s no official A/B/C/D classification of Phoenix neighborhoods, here’s a data-driven breakdown of some of the best areas to invest in, based on median purchase price, average rent, and investment potential.Top Phoenix Submarkets for BRRRRAreaMedian Purchase PriceAvg Monthly RentAppreciation Potential (1-5)Cash Flow Potential (1-5)Maryvale$320,000$2,00043Alhambra$350,000$2,10043.5South Phoenix$375,000$2,20053.5Tolleson$360,000$2,15044Avondale$380,000$2,2504.53.5Glendale$400,000$2,30043.5Mesa (East)$420,000$2,4004.53Paradise Valley$1,500,000$5,50052Breaking It DownIf you're looking for the best appreciation potential:South Phoenix, Avondale, and East Mesa are seeing rapid development, infrastructure improvements, and rising demand, making them strong contenders for long-term value growth.If cash flow is your priority:Tolleson, Alhambra, and Maryvale still offer affordable entry points with solid rental demand, making them attractive for investors looking to generate monthly income.If you want a balanced investment:Glendale and Avondale offer both rental income and appreciation upside, making them ideal for investors who want the best of both worlds.What’s Trending in Phoenix Renovations?

I have purchased many properties without a tenant in place.

Quote from @Ven Bud: After hearing to lot of bp episodes on negative cash flow, I have a question.I am currently living in my primary residence and planning to purchase an investment property, and obviously it is going to be a negative cashflow (bay area), but I am of the opinion that as long as the rent on the investment property is atleast going to be greater than my current primary residence mortgage it can still considered as positive cash flow investment.The investment property is going to be in a much better location (for office commute, bay area proximity) than my primary residence.

Quote from @Tyler Dunkel: Hi all, I have a property that I have already purchased and I am looking for a way to access additional funding to finish the rehab.