Investing in individual homes feels more like an arbitrage play where you need net income to exceed lot rent to earn a cash flow.

Your inspector better clean up the insulation they leave on the ground though.

@Mike Scheeler @Adam RasmussenHard to turn down a property that is cash flowing that high.

If I end up getting a house for these numbers and create at least $500 dollars a month of cash flow, how long would it take me to purchase 10 doors.

The five bullet points that you have posted contribute to confusion about the question you are asking: Should I sell my negative cash flowing property that I over leveraged?

House hacking a multi family for that amount will be tough, but it's totally possible with a SFH or townhouse.There are some awesome strategic areas that will cash flow with a house hack + are nice appreciation plays.

It depends on what your starting reserves are, but if you have enough for a down payment, I would look into DSCR loans for financing, as you can qualify based on the property's cash flow as opposed to your own personal income. 

Even if I could secure a portfolio loan in the mid 7s it would cash flow with modest increases in rent.

If not, any suggestions for somebody with limited capital seeking a cash flowing property? 

To sweeten the deal, add non-monetary incentives like free carpet cleaning, a waived pet deposit for an extra pet (if comfortable), or a dedicated parking space.