If I convert those monthly nets into annual nets and plug those in to see what amounts of cash in would lead to those results in each case, I come up with:Scenario 1: $2000/month ($24000 annual) to equal a 12% return means you're in $200,000 cash. 

Eventually, I’d like to start using the cash flow to pay myself and work toward replacing my day job income.

The first hurdle was convincing them to leave via cash for keys.

Can she pay you that same amount to cover some of the costs? 

Are you looking for cash flow/appreciation/a little of both?

Home includes new paint, new lighting fixtures with new electrical devises. Stainless-steel appliances and plumbing fixtures. A/C serviced and works great. Saltillo time entry and family room. Carpet free home Lots of...

While I’ve flipped a fair amount of houses, Iv never done one one while living in it.

@Michael Palmer Why does the holdback, $498,361 exceed the loan amount of $433,000.00?

Hi @Zhong Zhang I have used vacancy hacks over the years to get personal properties under 1% when turning tenants over. 3% increase depends on renewing or getting new tenants, when renewing tenants that's  a safe amount. 

And it is Cash-Flowing as I speak.