So if you are anticipating higher rents and therefore higher income next year you may want to wait till then if you are trying to maximize the amount of the cash out refi.

Cash flow is hard to come by and I have considered looking elsewhere in more affordable states.

It sounds like you’re in a great position to get started—$100k saved up and a clear goal are huge advantages.

“ cash flow returns” almost always compare horribly to a simple bank CD after you deduct for insurance, prop taxes< vacancy, capex, prop management (or your personal time.) etc etc etc. 

The monthly payments are great, but the issue I am running into is what to do with idle cash.

Purchase price: $160,000 Cash invested: $35,000 Another 1% single family deal in a transitional area creating long term wealth

Purchase price: $72,000 Cash invested: $107,600Case Study: Cockroaches to Cash FlowProperty AcquisitionI found this property through MLS.

How did you achieve this type of cash flow?

Just a quick comment and recommendation about Roth conversion: Never convert cash into Roth; if you do - 100% of the cash converted is taxable.

The property will be cash flowing as soon as the remodel is over and has space for one large extra unit on the lot or two small units on the lot.