Condo's usually have high HOA dues which will eat into your cash flow.

If you’re talking C properties probably cash flow.

I would like for the properties to cash flow but have no intentions of living off of the cash flow.

Hey, would you say are there opportunities to find decent cash flow properties with say 20% down but also using property management?

Usually there's a lockup period (often three years) in note funds, so you can't use that cash to do direct note investing.  

However, most of these properties still cash flow well (or enough to cover PITI). 

. $300sqft to build at least.If you have any sort of mortgage on the property you will need an attorney to handle the mountain of paperwork the bank will give you for a lien release. 10k+, also probably some nightmare terms to have to build and sell immediately and god knows what.At this point a year has passed and you have spent at least $60,000 cash, you're about to break ground on a structure that will cost you at the very least $400,000 to build, you are still 1 year away from cashing out because you have to now build a house.

I have done a handful of flips using cash, partnering with friends, and making it work. 

Additionally, the fact you might be negative cash flow in Texas will give you more flexibility by renting in Portland.  

.- Do you have 200-250k cash, or is that what you can get with your loan amount?