A cash-flowing, large lot, alley loaded duplex that needed a new roof, painted and new floors.

It's the cash you put in that's your cost for the property. 

Cash Payment: Decide whether you'll finance the purchase or pay in full.Future Resale Value: Factor in potential appreciation of the property.2.

The cash flow is a bit sub par on this one and I anticipate some larger expenditures coming my way in a year or two so I'm contemplating this as an option.

It's a more affordable market and lower property taxes, so you may actually have a chance to cash flow.

Then rent the bigger home out using a property manager, allowing her to possibly cash flow and maintain that asset and let it continue to grow in value.Encourage her to consult with a CPA or tax attorney to explore the best strategy tailored to her situation.

If you do decide to start flipping homes- as a new investor you can either self finance with all cash, or you can contact a commercial lender like myself and expect terms to be 75-80% of the purchase price with 100% of the rehab financed through a draw.

Socal is tough to find investment properties that work.I have a great realtor in Sacramento that can find properties that cash flow.

If you need an option that isn't as document heavy, a DSCR cash-out might be a viable option if it's an investment property.

While offering the “cash flow tranche” of a SFR might not be viable, the cash flow tranche of a portfolio of say triple net leased properties may be much more viable.