I’d love to hear your thoughts on strategies to achieve breakeven or positive cash flow in the long term.

@Treza Edwards "I am reading the Rental Property Investing book and implementing the method that focuses on cash flow and that strategy states you need to have $300 cash flow per month, per property.

Hi Robert, your situation sounds exactly like another gentleman I am working with right now and helping with his 1031 strategy and execution.

The BRRR strategy is much easier than ground up new construction with much less expertise needed for success. 

I'm just not seeing any strategy that can offset to any significant degree, the depreciating nature of either asset.  

I've done a lot of wraps and subtos and highly prefer the seller-finance strategy for a lot of reasons, including offering the opportunity of homeownership to those otherwise rejected by traditional banks.

I understand that at my age, focusing on properties with strong equity growth potential (even if cash flow isn't immediate) is a solid strategy.

Quote from @Karen Smith: With more investors turning to private money lenders for faster funding, what benefits have you seen from using private financing versus traditional bank loans? 

People are more likely to buy and stay here, versus move around.