So when you borrow money for income producing real estate it is not the same debt you have for personal items you buy that cost you money, and depreciate over time.  

Multi-family is great for cash flow simply because it produces more of it, but you can also buy SFHs for cash flow.

As unfortunate as it is, my research has concluded that of the people who play in this market also have some other sort of business or job on the side that produces the revenue stream needed to continue to be eligible for funding.

I have a lot of examples but some of them are things such as; the contractor using cheaper materials, do not follow building code, and/or producing a lower quality product.

Stephen Anthony There are, but not at that price range, think $4/sf, locally produced.

I was initially looking in Riverview and Wesley Chapel Areas, but its seems like the newer SFH's in developments outside the city are not producing much return.

Soil testing with the tank still in place will not produce 100% accurate results that there is no contamination.

The money will go towards 2 college rentals which will produce both together 1,400 a month cash flow .

Values have jumped quite a bit since then which currently makes it very difficult to find a deal that will produce positive cash flow.

I don't think I am interested in flipping, as I am looking to create long term wealth through RE.Transitioning to RE is a tough one from my perspective as the amount of income I see the average person generating monthly is what you can produce in a day in the markets, but I am attracted to the fact of an entirely different income stream, that is reliable and which could also be sizable if done correctly.I am looking to network, watch and listen on BP before I pull any triggers on deals.