Here is a small clipping I used to illustrate my point. http://imgur.com/4XeayuSHTH,Tapan Trivediwww.sacramentorealestateclub.comSacramento - Where the Bay Area comes to cash flow !

Whether or not you buy a property turnkey or some other approach is a trade-off you can evaluate based on differences in money, time and risk.Below is a diagram illustrating the process.Below I will explain about each block in the illustration.Property ProfileThere are two parts to a property profile: where and what.Where• Choose a city which is experiencing sustained growth and is likely to have continued growth.

@Ray LaiThanks for this illustration Ray!

You acquire a note for say the 35k like Bob generously illustrated then sell the first 105 payments to another investor allowing you to take that capital and do it all over again.

@George Hermann These numbers were all hypothetical - I used round numbers to try to illustrate the concept of my dilemma.

I'm not saying that is what you should do with the money, but it illustrates that long term cash flow is very powerful indeed.Cheers & Congrats on the nice deal!

I did notice that in my version of the epub, some the illustration (latter int he book) are not there.You can use Calibre (a free package available at https://calibre-ebook.com) to view the Epub format and convert it to different formats.  

To illustrate let's hop in Giovanni's time machine and go back twenty years; what would you buy?

Now the house is worth $60,000 ARV for illustration purposes.Most lenders would only do 75% on a refi, which would be $45,000.

A multi-year run will be illustrative.