You have to buy more with your 1031 than your portion is worth.

These can provide good cash flow and are easier to manage than larger commercial properties, especially when you're just starting out.Also, when I was starting, I found local meetups super helpful.

My first goal is to hit 5k per month in pure cash flow and second goal is to hit 10k per month in pure cash flow.

Are you starting with some available capital or other investments that you can turn into cash to buy a deal?

You will NEVER cash flow while living there but have a chance of cash flowing when you move out.

What I'm aiming for are turnkey rentals and trying to max out the amount of conventional, lower interest loans. again, the DTI income ratio will be IMPROVED if the property shows cash flow.

I assume you would have to pay cash, because you have to spend all cash received to avoid taxes.

However, now that we know, and you, that you were intrigued by this idea, it’s worth you pursuing the intricacies.

Are there going to be banks involved, creative seller financing or all cash? 

However, it could also be a 4 plex worth $800K.