For me it is better to find a really good deal (meaning price way below market), renting the property for a few years and then selling it, instead of chasing quick flips, or following the cashflow mantra.I don't really see any reason to rush and purchase properties when prices are hitting 8 year highsThis week I attended a conference call with the CEO of a big airline in Europe, who defined the current market as «a rollercoaster», impossible to predict, and gave a grim outlook of the current situation of air traffic and the airline industry..When people don't fly or travel, aircraft manufacturers don't make money, carmakers lower production, rental car companies go bankrupt, car sales go down, and people are being fired by millions.. maybe it's the time to be patientEven oil traded at negative prices just a few months ago!

Zero down and make payments indefinitely doesn't appeal to me.

In addition this would also mean the entire planet universally stops using the "Dollar Standard", so they also all agree on a different standard, insert and distribute that world wide, and call all US Notes, that would collapse the US financial mechanisms and with that mortgage liquidity would all but completely end, indefinitely.

It is the equivalent of paying cash for an auto at $5,000 then saying give me an additional $300 a month indefinitely!

In essence, he has $45,000 annually in perpetuity that increase yearly in perpetuity all while property appreciates indefinitely. 

In that instance part of the tax is deferred indefinitely using the 1031 exchange. 

Also, at age 59.5 when you start to pull that money out, you will pay all your gains as ordinary income.When investing in real estate, it is possible to defer your taxable gains indefinitely, and when you die your heirs inherit the property at a stepped-up basis so nobody ever pays the tax.  

You can still do a 1031 exchange at sale to indefinitely delay the taxes.

Curious as to why you don't choose to do a cash out refi instead to still pull the equity out but keep the properties indefinitely.

The plan would be to then cash out refi and repeat (BRRR) indefinitely without needing much, if any, of my own cash.