Is it worth the investment to purchase a property that cash flows $200 per month compared to those that cash flow for $1,000 per month? 

So, when you consider all of that, you may find yourself with a smaller cash flow.  

mortgage closing costs: 2 to 5%property value appreciation: 3 to 6%cash on cash return: 2 to 4%cap rate: 4 to 5%rent growth: 3 to 5%rental property expenses growth: 2 to 4%repairs & maintenance cost: 5 to 10%capex: 1 to 3 %Vacancy rate: 4 to 6%Mahalo !

I’m wondering if it is worth it to hire a property manager or to save money and manage the property ourselves remotely.

There is a bit of upside and downside for you but worth the risk/reward for what feels like a cleaner break

However, the Houston Housing Authority recently lowered the payment standard significantly, by over $1,000 per month, which has made this strategy less viable.Now, I'm considering mid-term rentals (MTR) for better cash flow and less management compared to short-term rentals (STR).

The "boot" (cash or non-like-kind property you received, which is $190k in this case) is taxable.

Hello BP, I have been looking for 6 weeks now as a cash buyer to do my first BRRRR deal.

I am wanting to buy another house cash, that eventually I will want to get a mortgage on and use the cash to buy another house in the future (if that makes sense).

Into yourself, learn a skill and use that to increase your income & generate more cash to really invest.