Are you considering doing STR or MTR in the Bay Area one to increase the cash flow?

By integrating CPAs into the initial discussions, real estate funds can be structured more effectively, with tax considerations and financial goals addressed comprehensively from the start, ultimately avoiding costly amendments and adjustments down the line.

Work on your numbers - calculate potential cash flow and ROI.

If you're looking for higher cash flowing markets, I recommend starting in Midwest because it's affordable and offers good cash flow.

The owner occupant buyers don't know what the cash flow might be and don't care. 

If a commercial property such as 9+ residential units (such as an apartment building) or not residential, the below doesn't apply. 9+ units typically take extra expenses into consideration such as management fees, utilities, etc. 

However, there are some general guidelines and considerations that landlords typically follow:Check local laws: Different regions have different laws regarding rent increases.

We have the opportunity to buy four single family homes in Prescott, Arizona that are currently cash flowing.

Cleveland is one of the best cash flow cities in Ohio, but it can really go neighborhood by neighborhood and block by block in some areas on the east side, so you really want to lean on that expertise from your local agent / broker.  

You can then use the cash from the refinance towards a new acquisition, whether it's turnkey or value-add to BRRRR so you can help maintain a steady flow of properties if your goal is to expand and diversify your portfolio.