However I have a contractor who I’m considering partnering with who wants to buy and flip homes in Baltimore.

Naturally, I assumed REI’s "white-glove" service included a strong legal team to handle these situations efficiently.

If you're looking for software with strong rental accounting capabilities though, there are apps that have this functionality built into them (rather than paying extra through RentRedi to use the REI Hub.

We also have a very strong rental market, and that too has high demand from investors wanting to purchase. 

Areas near downtown Ventura or the college (Ventura College) are worth exploring for strong tenant demand.

As rental rates increase, cash flow becomes strongly positive.  

Cash flow is usually strong because rent prices are decent, and the cost of the property is relatively low compared to places like California.

You can tackle your scenarios pending what you have in the background working for you (debt, a helpful partner, your health, etc).

Principal Paydown:  Cash Flow:  Tax Benefits: Savings from depreciation and interest deductions.For a deal to make sense, at least three of these components—home appreciation, cash flow, and principal paydown—need to be strong.

Now the builder and I partnered up to take it on..