I hope to make enough cash flow subsidize my mortgage payments.

.: Unfortunately STRs do not qualify for tax incentives. you will pay 33% income tax on earned income.

Purchase price: $90,000 Cash invested: $24,000 I took a chance on a town that most people overlook and this property has been profitable since day 1!!

Purchase price: $575,000 Cash invested: $60,000 2 unit investment that has a 3 bedroom and a 2 bedroom.

If you have cash, maybe you can even partner with them and learn at the same time.And, lastly, a lot of real estate agents, but not all, have dabbled in real estate investing.  

REIA meetings, meetups, calling the "handyman special" signs, calling the "we buy ugly houses" or the "we pay cash" billboards and signs.  

Purchase price: $82,000 Cash invested: $8,000 Sale price: $163,500 Remodeled my first flip TWICE before selling...double the experience and lessons learned!

That way you can pay back the line of credit and reuse it. 18 months seems like awhile but anything can happen in that span of timeI do have some cashes around 60k just for protection.

I currently have 30K cash from the cash out refi I did on another property as well that could serve as a DP.I would love to hear thoughts on what the best course of action would be to get more cash flowing into the portfolio.

Property 1:Purchase price - $73,000Mortgage - NONE (Paid Cash)Monthly Rent - $875Monthly Profit - $580Property 2:Purchase price - $65,000Mortgage - NONE (Paid Cash)Monthly Rent - $950Monthly Profit - $750Property 3:Purchase Price - $107,500Mortgage - $80,625 Monthly Rent - $1300Monthly Profit - $435Current Cash Available - $110,000Current Available Equity - $96,500 Cumulative Total - $206,500The available equity was a HELOC loan that was given at 70% LTV so those are real numbers, they would be from property 1 and property 2.The reason im typing this is because I would like to know if there were any builders that could give a rough estimate of building cost per square foot in Kansas City area or suburbs.