Will the property cash flow after you move out and rent out the home?

@Cody Faucher - Just so you are aware, $200 above your mortgage is not cash flow.

This negative position can consume years of cash flow to recover.

Hi- recently was gifted a property in Florida (Lehigh Acres) that my in-laws owned for many years but did nothing with it.

I've seen it swing hundreds of dollars per month and folks thought they were getting a cash flow deal but in reality they're losing money on it every month.Anyway, happy to shoot you a DM with more info/links/etc.

Sell for $400k, he'll carry $100k of that interest only, and gift 10k/year for 10 years.I really don't want to pass this up, but putting in the amount of money needed for a tiny bit of cash flow, or losing money each month for a couple years would risk running out of money and pushing me back to a regular job.Would you pass on it? 

It seems that everyone’s definition of cash on cash is a bit different.  

That part is not automated or easy I expect.The other thing is perhaps figure out where cash buyers hang out...and get in front of them.

Purchase price: $205,000 Cash invested: $50,000 Sale price: $349,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a fix-and-flip on Wall Canyon Ct, Sun Valley, NV.

Sell and buy a couple better rentals for cash.