Now I know what you all are thinking -- that place is not going to cash flow!

While I own quite a few rental units already, I thought condos might be a good option to gift to my kids when they turn 18, offering them a safe introduction to property ownership without too much risk.However, my challenge with investment condos is that the cash flow always seems terrible.

Buy your next property with all cash, fix it up with cash, and then do a cash-out refinance afterward.

Are you generally seeing cash flow positive deals from day 1?

Or any amount of cash you take out from the exchange are considered to be profit. 

Tampa can work, but yes, taxes and insurance are higher and might keep cash flow tight.

@Yooni ChoiFor a first property, $100/month in cash flow might not be ideal, but it’s acceptable, especially with a house hack.

Second to cash in the bank is HELOC cash because you can use it however you want (you just have to see it already in an account).

., downtown Fort Worth and Texas Christian University).My Goal:I’m focused on cash flow, and this property seems like it could work if I can stabilize it.

Hawaiian real estate law differs from other western states significantly, mostly due to its monarchal heritage and the Bishop Trust influence.The basics are the same as would be in California; determine the condition of title ownership (individual(s), estate (including conservatorship, if appropriate) OR fiduciary acting for trust.Use a qualified private money equity lender to make a loan sufficient to buy out the cash-only beneficiaryThe legal community in HI and Big Island in particular is small.