One of these factors may be the concern that investing in improving the land to a shovel-ready state may not yield a considerable profit.

I've stumbled upon a fantastic opportunity with solid cash flow!

My primary focus is on cash flow, and I’m aiming for a turnkey property with FHA financing.

Real Estate investments generate wealth in one of two ways - Appreciation and Cash-flowAppreciation appears to be flat or negative.Cash-flow appears to be negativeDo you think these numbers will continue to be flat or negative?

I have a cash-flowing property with roughly 50% equity, and a 100k HELOC in 2nd position.

Obviously $5M would be nice but with the right research in the right markets you can generate a nice substantial amount of cash flow with just $500K.

IE forest land and places like that can do well. at least out west.But your right 99% of buyers want cash flow.

These are all in growing areas with tenants in place and cash flowing nicely.

If the property still cash flows despite the HOA fee, then it could be a good investment.

My primary focus for this investment is on long-term appreciation potential and leveraging rental income to pay down the mortgage, in this case I have no cashflow.Given the current market conditions, I understand that cash flow might not be immediate, but I'm more interested in the potential for appreciation over time and the ability to offset expenses through rental income.