Do you have access to the paid version of airdna to find comparable properties that are cash flowing at 500-650 a night? 

Stay put and use some cash to expand your asset base.

I presume you are trying to "add value" in terms of increasing cash flow, not in terms of increasing the value of the home (for you to later cash out refinance)?

Without a large down payment, cash flow can be tough to find with a traditional rental right now. 

Purchase price: $310,000 Cash invested: $15,000 Sale price: $425,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a fix-and-flip on Carriage Lane, Oakdale, CA.

As part of that exchange they will be taking $500K in cash "boot". 

Purchase price: $710,000 Cash invested: $142,000 STR in Wheat Ridge CO What made you interested in investing in this type of deal?

Purchase price: $233,000,000 Cash invested: $23,300,000 single famly, 4/2.5 2 story How did you finance this deal?

Purchase price: $1,355,000 Cash invested: $135,500 Bridge House STR What made you interested in investing in this type of deal?

Anyone could cash flow in 2012, it'd take a real special idiot to not cash flow.