Typically don’t cash flow as well4.

I continued paying what I had paid before, with the additional money purely going to principal.The recast to a lower amount was purely to reduce my committed monthly payment to a point that I could get my property to cash flow if I had to move out (job loss, etc).

Cash Flow: The numbers currently show a negative annual cash flow -$21,242.

I've been an investor for 18 years but transitioned to commercial 8 years ago and the deal flow side of things is way different than 1-4 family residential.

That kind of shoot-from-the-hip approach can be fun for a minute, but it usually ends up like my old buddy Rick’s first deal.. he bought a distressed fourplex in Tucson years back without a real plan, and while he eventually turned it into a solid monthly cash flow, he spent the first six months sleeping with one eye on the tenant ledger, praying the HVAC wouldn’t bail on him after a hot desert day.

We're still seeing positive cash flowing deals here and lots of potential for appreciation.

. :)  but its like any paid training the reality of deal flow is greatly glossed over.

 @Jake Baker Love that strategy by being to attract tenants with affordability and getting the stable monthly cash flow compared to weekly rentals which may have a higher profit but a much higher risk making them not really viable in today's market. 

congrats, thats solid cash flow!

I’ve seen situations like this before..one old friend of mine in Austin had a few industrial buildings where the cash flow was decent but not dazzling, and he was itching for a way to ramp things up.