Set aside a big pile of cash or rely on a line of credit you won't be using.The oversimplified insurance concept is to pay a small premium to cover a large loss.

Denton County offers opportunities in suburban and college town markets, while Grayson County provides affordable entry points with cash-flow potential.

Purchase price: $120,000 Cash invested: $150,000 Dilapidated house.

I know I can't have it all but looking for a stable appreciating with some cash flow and a turnkey SFH.

Net worth and cash flow

This will be negative cash flow if using sustained maintenance /cap ex.

The modest cash flow could be reinvested, eventually allowing me to build a portfolio of income-generating properties.I recognize your point about needing $2.5M–$3M in cash to consistently replace a six-figure income.

You'll have to look at the income and expenses to predict whether your cash flow will improve.

If you haven't already check out the gifts Santa has left in the Resources page on Biggerpockets! 

My mum currently lives there, she is 80 and not very well, but you would also become a tenant in common and as such if you had the time you could profit 100% from the transaction, as I need cash urgently and am willing to heavily discount the asset.I am wondering if there is a market out there where someone wants to get a foothold in the London market by buying my part of the property.