I found out a few years ago that I liked really nice cars.  

Build capital for investing, Living in the home last 15 years.

The investor we helped buy and manage a nationwide portfolio to help build wealth, just as his grandfather did so many years ago. 4.

I understand that a DCR over 1 is expected (1.25 and above is best) but what if you're expecting that DCR to be say, .97 in year 1 but 1.05 in year 3, based on anticipating rental growth rates?

I have ten years of experience as a real estate agent.

As we are in Q3 of this year, I am noticing some shifts in the market.

If you do find a deal and maybe it doesn’t cash flow for the first year or 2 but you can make improvements, raise rents on under market leases, manage property effectively and cover your expenses at least you will have started and can look for better cashflow over time.

You can depreciate the property over 27.5 years and even accelerate depreciation through cost segregation.

I've worked in the Television and Film industry for the past 11 years.

But the question is whether one can actually achieve the proforma cash flow on older properties with a less economically stable tenant base.Based on your picture, you appears fairly young.My advice is buy properties in quality locations think long term 10 to 15 years - slowly and safely build your portfolio - equity and cash flow will increase over time and in 10 to 15 years you may become financially free.People talk cash flow is king but one can NOT generate financial freedom cash flow with $250,000 or $500,000 invested (equity).Even at a 10% cash on cash return, one needs $1.2M invested to generate $120K a year $10K a month.You want property to be self supporting so it needs to cash flow but once that is reached the focus in my opinion should equity growth which increases net worth.