The biggest advice I can give you is to figure out your own goals, and be specific, so I want to invest in multi family for cash flow for instance is too broad, is your goal to have an investment or a place you enjoy living, those are often in conflict as most multi family tends not to be in the most desirable parts of towns, are you willing to high cash flow in exchange for alot more effort, risk and limited appreciation, or do you want a more stable property with potentially less or even zero cash flow, if it’s a primary residence, are you going to live there long enough to make it more sense than renting, the breakeven period in a place like Baltimore might be 3-5 years.

Improving the house can Increase your cash flow a little. 

My goal is long-term appreciation on a property w/sufficient cash flow to make a long-term hold practical.

I am extremely interested in assuming a mortgage, seems like a way to have a cash flowing monster after you move out of the property. 

It easier for tenants to feign attempts at assistance, thereby extending the timeline for any necessary evictions which does ultimately impact my cash flow.

I was also thinking that this may lower our office building payment which is good for our personal cash flow with other investments moving forward.Thank you all for the advantages/disadvantages and I hope this doesn't come off as an irresponsible thought.Kegan

If you are new and don't have cash, don't waste your time with this.

Claudio,A few things to consider when deciding on a Heloc versus a Cash out refinance on a primary home.

I have a question about a negative cash flow BRRR, a year into the deal. 

When you sell the house the buyers financing or cash deal will cover your debts via title transfer