Quote from @Daniel Tanasa: Another option is to get a small cash out refinance from the house you plan on fixing up, if is in financeable condition, and use that to fix it up, while still cash flowing.

IMO it’s hard for me to sell a great cash flowing asset.

Hello Zachary,  You are correct in looking at the Mid-West for cash flow. 

@Matt Tortora For cash flow? 

Purchase price: $645,000 Cash invested: $516,000 80% cash purchase.2,437 sq ft Duplex, with 3b 2b for the front unit (1331), 4b 2b for the back unit (1333).   

When does the cash flow start? 

That creates a really nice price / rent ratio which is favorable for investors looking for cash flow.

You can get between a 12% and 15% cash on cash return each year pretty passively.

However, co-living allows you to acquire properties with as little as 0%-5% down, drastically reducing the amount of cash required.Instead of needing $100K+ to buy a rental, a co-living strategy lets you start with a fraction of the cost while achieving higher returns.3.

Quote from @Isadore Nelson: Cash-for-keys, unless you're offering heavy sums does not happen in one afternoon.