Ideally looking to cash flow positive on all properties.  

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

They don't tear things up, they don't party, rent is generally paid early, lots of positive attributes!!

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

I’ll continue to explore a couple other options in the meantime. 

Focus on neighborhoods near employers or schools, and explore slightly outside Austin for more affordable options. 

Ask yours about buydown options!...

Those 7 years were cash positive, but we just weren't making enough cash flow to make it worth the trouble. 

It's an estimated cash on cash return given current rental rates subtract expenses assuming 7% interest rate, 10% management fee, 5% repairs, 5% capex and other expenses like mortgage, insurance, tax. it's a estimate to tell you what properties to analyze vs ignoreyou can see the are pockets of negative returns as well as pockets of positive return. this is to supplement the data @Devin Conley provided

Lease Terms: Determine a monthly rent payment that covers the HELOC repayment (interest and principal) while providing some positive cash flow for you.