As you can see by the attached photo I am tracking current cash flow as well as what my cash flow would be if my properties were fully paid off. 

I have had 3 people email me this weekend who are over leveraged and also cash strapped in that they have repairs of $5k or more, o cash to repair and without repairing cannot release unit.

With substantial equity in your Fort Worth rental, a cash-out refinance could free up funds to purchase additional properties.

This equates to purchasing the cash flow.  

They are usually looking at C or D properties that local agents tell them will “cash flow“ They usually don’t cash flow because of high maintenance and vacancy.

So they would have to have the cash for the downpayment to begin with.)If they get 5 individual loans this is EZ Peasey.

Is it still not recommended to invest in this negative cash flow property. 

The $10,000 yearly maintenance fee is really hurting your cash flow, as it’s eating up all your profits.

How should I think about cash vs. equity?  

But if your goal is to leave your day job soon, multi family will offer more cash flow typically.