My underwriting would have this large negative cash flow for 7 years.I would do a thorough underwriting but want to show using quick math the issue so I will use the 50% rule.  

If you can rent it for enough to cover the principal, interest, taxes and insurance and still put money in your pocket, plus cash flow on the property you're purchasing, that would be ideal.

ZCG leverages both my decades of real estate experience and innovative tools we've developed to streamline the investment process.At ZCG, we’ve developed a real estate investment deal funnel that automates lead intake, analysis, and tracking, which has been a game-changer for our deal flow.

So the idea of doing this all from afar is a bit daunting, however, I know the most important thing here will be to create a great team and outsource as much as possible.I have set my sights on a couple of different markets being in the Southeast and the Midwest; these markets seem to provide the cash flow I am initially interested in generating to value add to the properties I purchase.

These were financial mistakes we made when we were younger, and unfortunately, they snowballed over time.We currently rent but own a rental property out of state that cash flows $600/month and has about $190,000 in equity.

"Cash flow," he says, "with no phone calls from tenants!"

Most forums don't allow the deletion of posts because it disrupts the flow of a conversation.

Quote from @Wade Wisner: To respond to your questions:  Doing more would mean purchasing performing or non-performing notes at a discounted value.I wouldn't be investing in your $$ range, but am looking to build equity or cash flow,The returns that I get in fix-n-flip deals range from over 20% to 50% or more cash on cash so notes would be competing with those returns. 

NJ is a big one—places like Newark, Paterson, or even smaller towns have better cash flow potential.

I understand they can make our life a lot easier but is it worth it if it eats up a lot of our cash flow?