It may make less cash flow/ per month but in may cases in the long run after PM fees and Repair costs, many times it turns out similar.   

Quote from @Dylan Webb: Hello, here's my situation:My wife and I own several properties separately.2 of the single family homes combined we have conservatively $150,000 in equity ($90,000, $60,000) I want to use one of these as collateral for a small loan of $30,000 to put down on a high cash flowing property OR have a lender finance the whole venture at a purchase price of $160,000.

Focus on buying below market value, running numbers first (cash flow, 1% rule), and choosing a landlord-friendly location with job growth.

If you're open to expanding your search, I also recommend checking Columbus OH - lots of deals that still bring positive cash flow and great appreciation potential.

I don't currently have any investment properties, but will likely work with a turn-key property managment in the Memphis/Little Rock area.My goal is to build a good cash-flow portfolio to ease into retirement. 

Eventually, we transitioned the unit to a long-term rental, ensuring consistent cash flow while retaining the property in our portfolio.

They good cash flow so far.

IMO it’s hard for me to sell a great cash flowing asset.

I use all the rental cash flow to pay these loans off asap, then repeat.

Getting a property with a 3% mortgage that offered both equity appreciation and solid cash flow is what sparked my passion for real estate investing.