One thing to be mindful of is the cash flow of the property as you get into higher LTVs.

I can see why you'd get good cash flow! 

Soon there will be a refinancing event wherein I will be cashed out. 

At first, he was anxious about having multiple tenants under one roof, but with the right house rules spelled out up front, it turned into a solid monthly cash fow for him.

@Krystal Lozano A good majority of areas still produce day 1 cash flow for multi family in Pittsburgh with a 20-25% down payment.

Researching local job markets, schools, and even infrastructure projects can provide insight into potential appreciation and cash flow.You might want to explore markets in the Midwest or South, which often have lower entry points and better cash flow potential compared to California.

Using a HELOC to fund your first rental can be a great strategy, especially if you want to preserve your cash for other expenses or unexpected costs.

Don't want all my cash flow to go towards maintenance. 

Also, often times the original homeowners still live in the property so once the sale is ratified you have to go through the eviction process or offer cash for keys to get them to leave.

Mortgage rates reached 18%, so transaction were all either owner finance, wrap, cash or subject to.