It's hard to find that type of cash flow in out of state. 

Find an insurance broker in the area, they will shop the market as a one stop shop and ensure your cash flow is solid year over year.

Albany is a place where if you are smart, knowledgeable on the areas you buy in you can get great cash flow, but I would agree with you don’t plan for appreciation at all.

Work on your numbers - be sure to calculate potential cash flow and ROI.

You are able to have access to it and buy it with relative ease and in fact, you can use this as a point of leverage and negotiation with your Seller in echoing to them that the bldg. currently does not cash-flow that well for you and you have to renovate - although your Seller may already be aware that rents are below market and has already priced it accordingly... if this is the case, then just buy it without without using 'below market' rents as a negotiation point. 

Boat in consideration for partnership share.

I’ve had some push back concerning cash flow in the deal supporting the new mortgage amount.

The reason is the rent-to-price ratio is good so you can cash flow, and most of the West side doesn’t have a Point of sale inspection which is really annoying.

Hey guysI bought my first property in the area, made it a Short term rental and so far everything is good - the property is cash flowing and booked - thank God.I'd like to repeat the process and purchase another one.

It doesn't have to cash flow like crazy either.