In my experience most condos or townhomes don't cash flow well.

Those rents qualify as income to afford a bigger home loan and to offset the mortgage payment.Its also a great way to move out and have a multi-unit property bringing in more cash per month with more doors.

Purchase price: $490,000 Cash invested: $61,000 Sale price: $649,000 Nestled in the highly sought Silver Sands neighborhood of New Smyrna Beach, this 4-bedroom, 2-bathroom home offers the ultimate coastal living experience.

For example a real estate agent may only be paid when a commission is earned.

How minimal - are you talking like zero cash to put down or do you have some to put up in conjunction with a hard money loan?

For now, I'm a cash flow investor first and an appreciation investor a distant second. 

On my existing units most prefer to pay cash.

This is can provide investors with more flexibility in cash flow, allowing potential investment in multiple deals at once.

You can think of it as income that you have to do something to earn.

Avoiding a 35% down is going to require a very profitable deal or cash flow on the property.