Ability to acquire properties at 50% below market and generate  at least $800-$1k/mo cash-flow (inclusive of 10% management and 10% vacancy). 4. 

Looking at a property for a primary residence that has an income generating cottage (STR) on it.

,I'd be happy to help and would more than welcome a preliminary conversation, and even be willing to generate a hypothetical term sheet for what you're looking to accomplish. 

This allows you to start generating income right away without the hassle of renovations or finding tenants.If you’re open to exploring markets outside your local area, I’d highly recommend looking into Indianapolis.

Items you will be asked for will be:Address:Purchase Price:Rehab budget:Estimated Term needed:Estimated ARV:Square Feet:Configuration (Bedrooms, Bathrooms):Rehab short description:Explain why this is a good deal:Your history in real estate (including number of flips):Any other comments about the project:Include a Property Data Sheet (MLS Listing, FSBO Ad, Auction Listing, etc)Also include a minimum of 3 Solid Sales Comparables – preferable realtor generated*Once all of stage one above is sent in it can take up to 24 hours for approval to move on to stage 2.Stage 2 on the following page.1Page 2 of 2-Stage 2-After initial review we’ll need the following items sent to processing (Note: all costsat this point are your responsibility & don’t guarantee funding):Inspection from a professional inspectorBPO or Appraisal (Please see guidelines below for a BPO)REPCDates: Inspection Period, Settlement DateDetailed Renovation Budget from 3 contractors (please tell is which contractor you feel best about using)More info may be needed as we move forward, it depends on the best structure for the deal*Once all of stage 2 is submitted in will take a few hours to review and if everything is approved it can take upto 10 business days to close.BPO Guidelines:Please do not use your buyer’s agent to do the BPO.

Hello BP members,I live in Miami and I'm considering purchasing a long-term rental property in Orlando that will generate positive cash flow.

They're not generating enough income to.

This strategy comes with some more risk & involvement, but can be a creative way in the TK space to scale quicker.Ultimately I think it comes down to being honest about the level of time, risk, energy/stress & capital you want to invest & then determine which direction to invest in based on that criteria.

I don't have much, it's just my owner occupied 3bd 2bth SFH renting out two rooms generating a total income of 1400/mo.

You'll be better off spending your energy learning how to hire the right PM instead of trying to PM it yourself.