There are obviously less considerations in a vacant land transaction than that with an improved parcel of land, but you still need to ensure that the material terms/conditions reflect your wishes. 

Sacramento's small/medium multifamily is in my opinion a hybrid market for cash flow and appreciation.

For those using GPTs, I have created a GPT to calculate and explain cash flow, ROI, cap rate, IRR, and cash on cash return.

If you have 100k of cash in the bank, how would YOU utilize it to yeild most cash flow/return. i'm considering all startgies, but essentially it depends on the deal and market. however, i''m focused on cash flow. 

Are you cash flowing the property?

The property is currently in an LLC that is a disregarded entity that flows to another LLC taxed as S-Corp. 

Then the following Sunday morning we get a call from the same tenant that the pipes in that same bathroom but another area have busted & again water is flowing.

Immediate cash flow wasn't a priority.  

I have 20k saved and plan to use an FHA 203K loan and house hack to net zero/cash flow minimally on my first investment.

I would have a positive cash flow with the price they are asking for ($350,000/ was originally priced at $400,000).