As a background, I have a well-paying job and am not in immediate need of cash.

I got a good paying job and my property is now cash flowing a bit which is good.

It may require you to maintain a specific liquidity ratio over the life of the loan, or maintain cash reserves equal to a specific number of payments, or upon inspection prior to the loan being Funded, Require you to come out of pocket with cash, for instance, to replace the roof because it has more than two layers on it, replace or grind concrete that has heaved, or embark on a program of replacing balconies that have rotted within a certain amount of time, et cetera...

Maybe they give you cash for keys to move out? 

However on their top markets I find it to be a lagging indicator and not a good place to identify markets8 as there is more to investing than just proposed cash flow. 

Purchase price: $145,000 Cash invested: $29,000 SFH in Tuscaloosa, AL!

Sometimes its worth a higher cost, especially if you know the lender will close on their proposed terms.

I asked for specific examples on this 1% cash flow buying in 2023 or 2024 (not 2020 or 2015).

Will a property cash flow day 1, maybe not unless it has a huge down payment but if your goal is to hold it for 15+ years you should not lose out, especially if its in a good area (which goes back to location location location). 

I know I could drive all over the place and price shop and save money, buy my free time is worth more than the savings- most of the time.