The Cash on Cash return?

The market appreciates 3% per year.Pay cash for one house and rent it for $1,500.

I guess I can keep my cash flow. 

My father and I just paid cash for a little less than a 2 acre lot in Summersville, WV.

My question is, do I just not touch the first property, use the cash flow to reinvest and pay down the mortgage or save up for a downpayment down the road OR do I pull cash out of the first property to buy the next property?

Hi All,
I own investment properties in Virginia Beach and Hampton Virginia.  Two years ago I started a maid company in Hampton Road Virginia.  While I have grown my client base to a respectable number, I've struggled...

Incurring debt before you have sufficient earnings to support that debt.

. ($300k has to be earned to net $250k.) so you’re looking 5 years of zero vacancy and zero capex to break even.

In the past, I cashed out my 401K(Paid income tax + Penalty).

Looking to get that cash back as soon as possible to use it to fund my business.