Thanks for the recommendation @Megan King.

having done this twice I will say that buying for cashflow is king.

We have been reading post after post for the past two years from (1) members who are fed up with the market (2) members who are having a hard time starting in a hot market and (3) members who have highly appreciated properties but don't have an alternative investment option if they were to sell or exchange.Deal flow is king in this market and you have to (1) put hundreds of deals through the funnel via marketing and networking or (2) you have to invest with someone who has it.I made a decision two years ago to do more of the latter...to start heavily vetting passive opportunities with experienced sponsors who have mature deal flow pipelines (i.e. deep broker relationships, industry leaders, full time staff dedicated to deal flow, consistent off-market properties)...while still casually vetting direct owned opportunities. 

Hello @Desiree King and welcome to BP.

A friend of mine lives near Kings Mountain and he swears they are still going to build the casino down the road from him. 

We all heard the phrase “cash is king”, but to what extent?

For example;@Matthew King focuses on mid (>10 unit) & larger (>100 unit) multi family.

Once the buildings are paid off then it’s cash flowing like kings.

Remember when you are doing your computations that it is not just about the purchase price and rents... cash flow is dependent on many factors including taxes.Cash flow is King and Appreciation is Queen, you need both to build a lasting kingdom.

@Tuan TranRoughly $750k to $1.2MI say that based on these two properties:6320 Martin Luther King Jr Blvd, Sacramento, CA 95824 - $1.3MSold 2/9/18 for $1.3MUnique property and lease yields exceptional stable income for investors!