Also remember to consider the positioning within the resort - does it have a lake or forest view?

It doesn't appear you are in position to purchase real estate at this time. 

Plus, there's still so many positive cash flowing and 1% deals here in Columbus Ohio.

You also have strong positive cashflow every month and want to move on to the next project.Personally, I think you are better off keeping the house and doing a cash-out refinance to get the money for the next project rather than selling the house.

While this term might sound like a positive development, it is essentially a rebranding of the traditional "Price Reduction."

Even if it just broke even, the rent rates would increase and you would eventually have positive cash flow, plus equity.I bought a townhome for $67,000 in 2004 that rented for $425.

I'm in the same position.

However, I'm starting to worry about managing these properties once I relocate.While cash flow is likely to break even or be slightly positive, paying 8-10% for a property manager would significantly eat into my margins.

The “purest” example of cash flow investing is the investor who signs a 10 year lease as a “master tenant” on a commercial building and operates the building generating positive cash flow through releasing the space throughout the 10 years.  

Hi Daniel,You're in a great position with $400K in home equity but cautious about its impact on cash flow.