The Tampa Bay area can really be the best of both worlds in terms of appreciation and cash flow, as long as you execute correctly.

Real estate requires cash, that's why it's called in-vesting.

Still good cash flow. 

Yea the area doesn't look like it will appreciate much, I mainly look for cash flow.  

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.Here's a guide that teaches you how to analyze a property.https://www.biggerpockets.com/blog/rental-property-cash-flow...Finding deal that cash flow is the easy part.

Are you looking for cash flow/appreciation/a little of both?

Purchase price: $136,000 Cash invested: $90,000 Sale price: $260,000 full renovation from studs What made you interested in investing in this type of deal?

I am trying to calculate my returns over a 10-year period using the rent-by-room strategy, which results in significantly more cash flow than traditional rentals.

These deals typically require larger cash outlays (50k-100k) per deal minimums.

I used to work in finance and we could get clients approved for a HELOC in less than 24 hours which will be much quicker than the cash out finance.