One consideration as you are working on locating private lenders, is that IRA, 401(k), and other retirement accounts can be used in many cases to make private money loans.

Hi All, What are the best cities to invest in midterm rentals which will cash flow and appreciating year over year? 

Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes. 

If you buy in a good market, appreciation will beat cash flow every time. 

Best of luck—sounds like a cash-flowing gem!

We're contemplating allowing pets, as there will be no other roommates besides us and we don't have any allergies.Questions:- Considerations for Allowing Pets: What factors should I take into account when renting to tenants with pets?

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

My suggestions would be in this order:(a) Determine the type of financing you qualify for - this will short cut the process considerably and save time on investment angles and next steps.

Let's say there's 3 properties in a 1-mile radius with 5b/3b, but one is a foreclosure and the other 2 are regular conventional sales.If you're doing a comp for your subject (4th) property, do you have to take the foreclosure one into consideration?

If it sold for $120K in 2007  , and your rent is $2000 a month , the landlord is probably cash flowing rather well .