@Jason Khoury To piggy back of @Katie Smith, Yearly assessments on condos, a common practice, can significantly impact property cash flow.

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.

Cash Flow

Cash Flow How did you find this deal and how did you negotiate it?

I was able to get all but one bath towel clean as a whistle.

I find that automatically sending a message to your new guests is very useful, you get to start a conversation right away and it increases the guest's experience.I also automate all my cleaning jobs with Turno that I find invaluable.

Once I got an inspector in there, a lot of issues came up.Not to mention, seems like every single of their properties is priced at exactly the 1% rule - meaning negative cash flow if you factor in vacancy, taxes, and repairs. 

The cash flow can appear good on garage conversion ADU additions, but the value being added by ADU additions in SFH areas is even lower than this amount.