The vast majority of these we saw were bought/sold/quitclaimed around with many of them having been bought at tax auction. 

They just bought it last year, so not much equity, still $760K on the mortgage. 

I also bought a fire extinguisher and placed it in the kitchen. 

There are only 2 ways, as I see it in the current market, to get actual income/cash flow from a rental property - a paid off long term/mid term property or a well bought short term or rent by the room rental.

I bought my first property for $107,500 put 10% down borrowed 80% LTV from Wells Fargo at 11.75% rate and my father lent me the last 10% and charged me interest the same as Wells Fargo did 11.75%.  

In every building, that we bought that had common heat and hot water, we seperated those units on to their own devices. 

I'm happy I bought this second one, but at the end of the day the first was still a better deal.

However, I feel like the revenue has been great even though we bought it “for them” it could be a great long term play by keeping it and having them live elsewhere.  

for me, the ones that cashflow the most are the ones that I bought with 3% long term debt, they were new (low maintenance) and they are in high appreciating areas(just a bonus but does not impact cashflow).

Zero in 2024 in Huntsville - which is precisely why we bought zero LTRs in 2024 locally (bought one out of state, and bought a local flip property and one small local commercial property - slowest year since I started REI in 2017).