You can find super affordable homes here below the median home price that beat average rent in these areas.2) If you factor in principal paydown, aka the amount of each monthly mortgage payment that goes back to you in the form of equity, AND the opportunity for appreciation, as Raleigh is expected to grow substantially over the next few years thanks to big corporations and swarms of people moving into the area.... you'll find that the math works our quite favorably for owning a home versus renting.3) When you factor in rate incentives with new construction homes in these areas may be even cheaper.

Thank youHey Jimmy, Just helped a client of mine from the Bay Area secure an off market MFH in Modesto and rehab to position as a MTR.

I have about $250k in equity in the home and my realtor believes if we list it we will probably get a bidding war in this market and since our neighborhood is highly desirable.

I would be in a good spot with equity, but my instinct is that I should hold on to the property.

Larger capex investments like new roof or windows can be scheduled based on your cash flow position but need to be addressed rather than just pushed off.

Or would you just rent it out between 0.8% and 1.1% ($1800-$2500), taking into consideration the surrounding areas rent, making sure it turns a positive cash flow?

I only have one property and it’s got around 80k in equity that I can’t use until mid July but make decent income from that rent, my plan was to use the initial cash out refinance to do a fix and flip or 2 to pay back the refinance and use profits to go towards another rental but the waiting period I feel is making me miss out on a lot of opportunities.

Unless it's done well in advance of a sale, the IRS views the refinanced loan proceeds as taxable boot since it is equity that won't be reinvested as part of the exchange.

However, I am not finding any decent properties that generate positive cash flow.I'd love to hear from those of you who have firsthand experience investing.- What cities/areas in the US have you found to generate good cash flow?

Well all that Sucks, What’s the Positive?