Value and rents should eventually increase to turn cashflow positive and build your wealth.You're next learning experience will be, now that you are out of day-to-day management, how will you be able to handle the inevitable expense challenges?

@Joseph Opoku Yeah you can still get positive cash flow from day 1 in pretty much all areas except the A class neighborhoods.

I'm trying to analyze a potential flips in Newark, Ca (East Bay in general).

I’m so sorry for the devastation of the wildfire in Lahaina.

I wouldn't use Lake Geneva because with its tourism its in a league of its own in that area. 

They will try to cover that up by saying they have some minor role in the general partnership. 

Renovated in 1 month.

Then keep $30,000 in reserves in a hysa for emergencies.

You're definitely in the right community. 

I'm a first time landlord and my first tenant moves in in 2 weeks.