I think, in general, unless you're an extremely high W2 earner just looking to get into real estate for tax purposes, buying for cash flow gives you the durability to weather market fluctuations as you're never in a position where your back is against the wall and you need to sell... unless you have debt coming due.Now, that being said, if the true cash flow, after allocating for all expenses, vacancy, maintenance, capex, etc. is in the black, then I think taking a 5% CoC return in an appreciating market isn't a bad move, especially if there is a component of value-add. 

It is not black and white written on any document.

If I recall correctly the inspector indicated that the old black soiled insulation would be removed and new would be installed.

There are a couple of deals some folks might want to take advantage of - Black+Decker 12 cup coffee maker - $10 - https://www.amazon.com/gp/product/B0C8B9V7HR/ref=sw_img_1We had this one in the lakehouse.

Wonder where I can find some Black Friday deals on that :)Also, any recommendation on 6 lb vs 8 lb pads?

@Clayton Silva I am very green to REI and lending is one of the biggest black boxes to me, so THANK YOU so much for this post and follow up comments.

Just a bunch of corrupt poeples mostly racist black.

We'd gladly do this all day because we charge the leasing fee and automatically in the black, plus our clients stay with us on average 3.5 years so there ROI on that $250 is easily 10X. 

i want to hear about it all. investors only tell me about the good stuff, i would also like to hear the bad. i know how it goes, not everything is black & white. investors only talk to you when they have good news, brag, or they want something from you. i like to find others to talk to once a week at least. need the motivation/accountability. i like to talk about real estate because it’s interesting.

I only have student loan debtI have a full-time remote jobI have no prior experience in real estate investingMy credit score is high 700'sHere are the details about the property in Zenda,WI:Asking price: $235KIt’s being sold by out-of-state heirsIt needs at least $50K in repairs and updatesThe neighboring house recently sold for $235K (though I don’t have details on its condition before the sale)A family friend who owns a construction company assessed the property and noted the following:Replacement Needed: Furnace, Water Heater, Water Softener, Floor (concrete replacement needed due to unevenness), Roof, GuttersUpdates Needed: 1.5 BathroomsConcerns: Black mold and water leak marks upstairsRemodel Suggestion: The staircase is very steep and narrow; recommended to relocate and extend it into the living spaceAdditional Work: The property slopes downward, allowing rain to flow into the house.