If you go for Cash flow usually means little to no appreciation.. that's a fact... so if your going to do that you need a realistic way to buy 10 homes ASAP so its worth your while then get them paid for as soon as possible.other wise look for multi family deals that are priced at a Cap rate. 

Reasons can include:-Property is a homestead and has a cap on value- Owner protested and got the value reduced -Owner never pays attention and the value is way high-District doesn’t appraise yearly 

An agent should be able to help you with a cap rate for an area.

With that said, we were able to get 20% down, 25 year amortization, 5% looked for 10 years with a maximum rise of 1% per year after that and a cap of 11%.

I don’t usually calculate a cap rate on the STR asset class instead I calculate cash on cash after calculating NOI.

KW has a cap limit beyond you keep all of it.

If it is month to month, find out how much notice is required to increase the rent and if there is a cap, then let the tenant know in writing. 

We are looking in relatively good areas such as Cleveland Heights, Shaker Heights and the like.What we discovered is that unless you go to poorer areas you are not seeing as good of a cap rate on the units.

There are wolves in those woods, if you go in there you better be armed with a good BS Meter and conventional knowledge, not schemes, those are wolves in a red hood with a cape. 

I don't want to invest in Boston again because it's really expensive at this point, plus it's a tenant's rights state and I would like to get away from that.I've been trying to explore the options from a cap rate outlook but have gotten a little bogged down.