Hi all,So I have an off market deal in my 16801 market that I want to go in on as a buy and hold due to the ability to make it cash flow positive way higher than it currently is, hopefully on day 1 but at the worst within the 1st month.

As you get closer to $1,500, you might start cash flowing.

They have a mortgage on the property and it cash flows $8990 per month.

The house is all electric and very high efficiency with LED lighting, low flow toilets, brand new heat pump providing heat and air conditioning.The majority of respondents to my renter profile respond that they don't meet the minimum 600 credit score.

I easily got tenants and should make a good cash flow each month of over 1k.Question is: are there better places to buy from than the MLS?

How are the Cleveland Heights and the South Euclid neighborhoods for cash flow positive properties?

So if you did move from the property later on the taxes would kick in and drastically reduce your cash flow and other financial measures.

Analyzing income and expenses will give you an idea of what kind of free cash flows you can expect based on your invested dollars.Globally speaking, ROI's can range all over the place depending on so many factors (purchase price, terms of debt, occupancy, rehab efforts etc.).

The best rentals (for passive cash flow) are typically in B/B+ neighborhoods (good demand, low tenant turnover, but not such high PITI that you lose all your rental income to the bank). 

Currently, I invest in SFs and location is very important for any prospective properties - 1) because it may attract a certain tenant (ie. great school district, or close to a college campus) and may also help me avoid certain tenants that might be troublesome and 2) future resale/appreciation.I am interested in pursuing MFs, and I find some really great cash flowing properties in my city (and out of state), but they are located on the edge of what might be considered less desirable part(s) of town.