I paid cash for them.

I wanted to gain insight about this market.How are you all doing cash flow wise, roi wise in this market. 

You wouldn't buy a long term rental with 20% down in NYC or San Francisco and expect it to cash flow.

Always go for positive cash flow with potential for appreciation or don't do the deal. 

Good luck to all  See this far too frequently as buyers have FOMO and think they are going to get this great cash flow.

If you're going after fix and flips then you'll need real estate-flip loans which are short term and high interest - in which case they care more about the property/deal than how leveraged you are (but they do still care, along with how much cash you're bringing into the deal) 3 - Similar question, same answers above. 4 - Yes... sitting on the market for 4 months is weird UNLESS that's the norm in the area.

Purchase price: $60,000 Cash invested: $20,000 Sale price: $240,000 Lakefront duplex Denver Colorado.

(This person genuinely is trying to get over on me with the “I’ll have it tomorrow, I’ll have it next week” bs).

Rentals create cash flow, and that's what we want as real estate investors, but you need cash on hand for unforeseen circumstances.The AC needs to be replaced, that's $7K to $10K or more depending on the size of the house and if you have one rental, it will eat all your cash flow, same to replace a roof, etc, or if tenant trash the home, you need money to fix it again.To me personally a nice rental portfolio that is healthy consists about 10 units, so if you have an issue with a house the portfolio can cover the repairs and still healthy, but when starting you need to have cash on hand just in caseYes, there are multiple strategies you can use to hack your way to buy your first rental with minimum cash, but I would start wholesaling or fix and flip a few deals to create that cash as fast as possible

The travelers who are willing to do rent-by-room also pay on the lower end of the spectrum so it may be hard to get your property to cash flow.