Or we gradually perform high-quality updates for a live-in flip, then roll the equity into a new home.Regarding rental income, we aim to boost income, lower our effective tax rate by generating more low tax-drag income with rental income (since there’s not much we can do to lower out W2 tax bills) and have retirement cash flow.To compare the financial impact over 10-20 years, we want to analyze renting versus flipping.

If you get some appreciation, does that compensate you for your initial outlay?  

What may the property be worth then and how much cashflow might it be generating?

I have one more key question: Since I'll be starting my first-year job upon arrival, banks might be hesitant to lend to me initially.

With Baselane I have the ability to do everything from initial vetting of the tenant to drawing up the lease to collecting rent (and issuing deposit refunds!)

Matt,I believe I initially misread your post, please accept my apologies!

But if you are for example funding the improvements out of pocket, you will want that initial value. 

What I was referring to was that I know two private lenders who have the borrower complete the Deed in Lieu documents at the Closing of the initial loan and then hold them in escrow during the life of the loan.

Tenant initially says it’s a new roach problem that “started when I bought the house”.

I initially looked into Baltimore, but after some research, I noticed the population has been steadily declining, so I’m not feeling as confident about that market.