a lot of people will poo poo this, but I also live in a market where cash flow is low, property taxes are high and properties are expensive (which is a relative term).

Your actual property taxes alone on that will be over $10K a year in 2025 and don't forget about that supplement tax headed your way.I would suggest keeping the others and maybe changing to LTR if that will give you consistent cash flows.  

If you math it out it is probably unlikely that you will be cash flowing on a property that you are using 100% leverage on from a turnkey company.

It depends on how each rental is cash-flowing, but that could eat into your cash flow.

Let's of NYC investors look at other cities in NY, Rochester, Buffalo, etc... they can drive to them to see them, and they know the state well enough to feel comfortable.Most of the rust belt cities in NY offer cash flow as well. 

Rates were still extremely low, which made both properties extremely lucrative with cash flow.

What you’re suggesting is not cash flow, it’s return of principle, giving her her own money back  If she sells with your deal.

For expansion, innovation, or simply covering cash flow during slow periods, access to capital is often a barrier.

-Or even cash flowing on a property RECENTLY ?

My wife and I started managing more properties for others as word of mouth recommendations started and we started to use the management and arbitrage cash flow to acquire our own properties and fund the BRRRs we were working on.