You're absolutely right—positive cash flow from rentals can vary significantly depending on factors like property costs, financing, and the ever changing market conditions.For real estate the challenge isn't just accumulating properties but creating a framework that builds net worth more strategically and sustainably.Cash Flow can be generated in many ways, my intention was to better understand the investor mindset and their approach, if they wanted to share.Based on your example, if using conservative calculations at $100K/door, you would pay $20M for access to $40K/month. 

It's always a personal choice everyone has a different perspective.   

Rental property owners expecting high occupancy may need to adjust their timelines and rental projections.On the flip side, this delay also presents a unique opportunity for strategic investors.

So if the LP's have enough cash they simply pay the loan off and own it free and clear.. but the size of the deals are so large raising cash to pay off debt simply is not realistic at all so if the property goes into default your junior position investors find themselves wiped out.Further more thats why a debt fund like Chris has can be a good choice for the very conservative investor..

Shadow Ln exemplifies the power of efficient teamwork and strategic market execution.

You are invested, you are investing, you have control, direction, a say, impact, choices.

But if I had a lot more liquid capital and had the choice, I would buy newer ones.

I just wrote an offer for full asking price at 30 day close, with a contingency to extent at BUYERS choice for 30 more days if I don't get an favorable response on the electricity install costs.

Look for strategic property.  

Plus, the population growth and job market around Tampa keep driving rental stability, making it a solid choice for both cash flow and long-term equity.