@Vincent WeselakIt’s a good idea to get an estimate for your insurance costs upfront since this can vary based on the property type and location, and it’s a key factor in evaluating your cash flow. 

Purchase price: $530,000 Cash invested: $20,000 Hello all!

I plan to continue to purchase buy & hold properties but would like to invest in multifamily properties to create cash flow.

I only have good words about it, and cash flow is always over 100€/month per property.

Additionally, based on your numbers, it should definitely cash flow. 

If all goes well, we should be cash flowing right away. 

Gifting equity in a house may be more trouble than it is worth if you are not near the life-time exclusion1) Potentially having to get the property appraised everytime an equity is gifted2) Having a title company update the title every time3) Exemption of the gift tax return is normally for cash gifts below the annual gift tax exclusion, you may still need to file if you gift non-cash4) If there is partial ownership over several years, having to properly pro-rate certain items such as real estate taxes, mortgage interest and rental income if the property is a rentalBest of luck 

@Geoff Engel depending on what amount of available cash you are starting with and what you ultimately want to achieve will help determine your path.

Purchase price: $145,000 Cash invested: $60,000 Fully renovated 4-5 bedroom ranch on 3.3 acres.

Your cash flow is positive on paper, but how will that look in reality?