The rental market is still extremely hot and prices are high with inventory low, but I have still been managing to cash flow on the new purchases.     

As a beginner, I assume you will be looking for a decent amount of cash flow on your first deal, so I suggest Raleigh.

Hey @Yolanda Martinez - Flipping houses is a great way to get some positive cashflow quickly but it can be stressful and a lot of work making all ends of the process meet.Usually the end goal for investors is to eventually have enough capital to buy and hold properties to rent that way you see cash flow coming in monthly.If you have any questions on the rental market, please feel free to reach out.

Assuming it's Section 8 approved, why would it not be a good idea to slap a Section 8 tenant in there and collect positive cash flow?

From my part, I analyze the property's location, neighborhood growth, appreciation factor, the average rents using some paid tools, and crunch some numbers for them to let them know the CoC return, cash flow, and more etc.

You often can’t count the rental income to offset the cash-out loan until you have been receiving rent for a period of time…often 1-2 years.  

Financing and loan terms can be a critical component to supporting cash flow or incentive on multi unit or commercial properties..

Cash-out refinance a large chunk but leave enough equity so the property stays profitable as an Airbnb?

Use cash and think if you really need it before buying something. 

I recommend you avoid Section 8 until you've spent a few weeks learning more about it and deciding whether it would be worth it to you.One thing you need to know up front is that there's a lot of extra paperwork involved.