With the extra cash flow, you could strive to acquire additional income-producing properties over time.

And my rental cash flow went from only $1500/month to 19k/month profit by taking on more loans and harvesting the equity in some of my properties including my primary.

I personally would stay away from condo-tels as they will be even worse and you'll have less opportunity to cash flow. 

Purchase price: $300,000 Cash invested: $50,000 Purchased a 12 unit park owned mobile home park on a 5 acres.

Are you looking for cash flow, appreciation, cash on cash, etc?

The idea is to expect a negative cash flow, however bank on the growth to achieve a good return.

I have a few people interested in investing with me strictly as cash partners.  

I'm making two assumptions here - it will take you a year to get the tenants out, and so you are cash flow negative for a year, and that year of negative cash flow is a lot less than the loss in sale price you will need to take to get it sold as-is. 

Purchase price: $44,000 Cash invested: $75,000 This was a huge undertaking, but the risk reward ratio worked out great.

I have gotten 2 this year so far on the market that pencil for us at roughly 50%+ return cash on cash after lending and holding costs