My first goal is to hit 5k per month in pure cash flow and second goal is to hit 10k per month in pure cash flow.

I have been looking at properties and it seemed like the seller s  based their price on zero percent cash flow for the buyer.

In particular, I’m a huge fan of the South Side of Chicago or Northwest Indiana for cash-flowing properties.

Any positive cash flow should go towards paying off debt.

I’m definitely working hard to create a solid foundation for both my family and my investments, and it’s encouraging to connect with like-minded people who are exploring real estate as well.You’re absolutely right about Section 8 housing, the stability of cash flow is definitely a big draw for me, especially with the U.S. market being more accessible in terms of affordability compared to Canada.

In a market like this you will get in the way of obvious appreciation.Then you can look for a deal that cash flows in your favorite market market. 

If a project is profitable, wouldn’t you rather have some cash flow rather than none?

Meanwhile, gross rents of $1,800+ for 3-bedroom single-families is an achievable figure, so it’s possible to generate cash flow if you lever modestly.There’s a bunch of other stuff that’s worth highlighting—the economy, demographics, neighborhoods, new construction, and more.

IF you plan on going back someday, and this is the home you want to move back to, then renting it would be a good idea as long as you estimate that it will cover itself, or preferably, cash flow, which it appears that yours will at @ $2K or so per month (after expenses). 

My only thing is that I would like to create some more immediate cash flow.