I'm in the "attempting to acquire more property" phase, so I'm willing to consider properties that cash flow.

In terms of investment areas, Plano and Richardson are pretty tough markets for a good cash flow property.

Matter of fact, if you switch to being a RE agent, then you are looking at 3 years-ish to establish cash flow for a bank.

The location (schools, restaurants, crime, etc) is decent but nothing too promising in terms of appreciation (3% annual average) Here are the details: Purchase price: $170,000Rental Estimate per month: $1500-$1550HOA: $1000/yrInsurance: $1100/yrTax rate: ~3.4%I assumed the following:I use a 20% downpayment on a 30 year fixed conventional loan w/ 4% APRNew build so warranty is covering most things so minor, if any, maintenance will be neededTake into account 1 month of vacancy per yearTake into account annual broker fee to list of one months rent~5K closing costs~2k in appliance purchasesResult: Assuming rent range of $1500-$1550/month and assuming 1 year I wont have to pay the broker fee to list:From my cash flow analysis I am projecting to have positive cash flow of around .02%-2.1% per year.

My current RE market of Portland, OR is insane right now for my specific goals of entry level SFR or MFR yielding cash flow.

I need some guidance on where to go to obtain a home that I can fix up, move guests into and begin to generate positive cash flow.

Organized or free flow structure?

You won't make anything in appreciation, but if you buy right you can pick up cash flowing properties.  

The Cash Flow game is also a fun & educational exercise you could integrate into your life.  

He’s getting 10% interest and gross income/mortgage payment ratio is very high + he’s getting cash flow sweeps every year so that the total loan amount is repaid in 3-4 years.