It seems to me that rents have not quite caught up to home prices so I probably wouldn't be able to cash flow until I've lived in the property myself for a couple years. (2) I'm also debating how big of a project to take on for my first time.

Definitely tough to make properties cash flow unless you are creative and add value like ADU’s. 

MLS data - average days on market, median cash flow, median rent, median price per sq. foot

MLS data - average days on market, median cash flow, median rent, median price per sq. footThoughts?

Plano under consideration right now. 

It will take (300 divided by 1.6) 187.5 months or 15.6 years for you to put away $300K from cash flowing the property (This assumes that the property is never vacant)When considering the time/cost of money, i.e. inflation, the value of the $300K from renting over 15 years is small versus having the $300K now.I would sell.

As noted above, investors or cash buyer will have a considerable advantage if sellers can 'save' 2-3% or any percentage. 

Cash flow, we don't buy any properties less than 50% of what they're worth, all our properties we own make positive cash flow in a modest way and these tow items are deal breakers if they don't pass that's test for us on str.

Each room flows into the next, creating a harmonious environment that feels inviting and comfortable.I also use the same painting company for each job.

Houses are pretty cheap and can offer good cash flow.