However, in this market i find it difficult/impossible to not have negative cash flow after extracting the value add at maximum LTV.  

Not impossible.6.

Our model builds on this principle by creating a long-term vehicle that avoids rapid turnover and speculative price inflation.2.

However, before doing anything I take my time to gather information, think outside the box, connect with people who have done the very thing that other people say is impossible, stay patient, see whether there are any unique solutions I can bring, and only then decide what to do.Thanks a lot for your feedback, and I'm looking forward to learning more, especially on the thesis of not using short-term debt for a long-term investment.  

Like I can do a BRRR on 600k property with no cash-flow or a 150k property with $300 monthly cash-flow, but do not have the same investment vehicle, and it is the same cash that is doing both, as for the 600k purchase I'd be using the same 100k towards hard money loan. 

MLS hands down will get the seller the best price in the market at the time. on having these in 3 markets I got to think finding a buyer to buy all three is going to be near impossible. 

My girlfriend and I are looking to get into Multifamily real estate investing and have looked into the possibility of house hacking, although a good property for it seems to be tough but not impossible in this area.  

@Ed Lopez Many good points in this thread.A few things I was thinking about when reading your posts:1) At $500/month in rent with annual turns it is going to be nearly impossible for the cash-flow math to ever work.

I doubt if anyone is saying it's impossible for it to work but I feel it's difficult.

I’m not sure how investors are managing their properties from a different state when it seems to be impossible to find a reliable good property management company in Cahokia, do you have any advice or suggestions on this?