Experience of the borrower, down payment, property cash flow, DSCR, etc.  

Short term cash flow is great but as you have found it comes at a cost.

I imagine the cash flow after a remodel from the consistent rental income would be a great way to build wealth.Hope this helps!

The XIRR formula is much more flexible and is based on the dates of the cash flows for the project.

This works for us, since the LLCs flow through our personal return.

The plan is to take out a HML on one of them to cover costs associated with Acquisition and Construction, and DSCR Cash outs after the other two are complete.Exit - Plan to Hold all 3 soon to be Aquired/Built properties for rent / future appreciation, +Cash Flow, and +Net DSCR Cash outs.Acquisition - Contract for Deed $130,000 @ 0% Interest 9 monthsHML Payoff $73,000 + Legal Fees on Execution of ContractBalloon Payment of $57,000 at time of DSCR Refi after construction of home on lot one, and the finish of construction on lot two is complete.Mechanic’s Lien, $43,000 for foundation and other work done, paid by seller at closing when contract is fulfilled.Rehab/ConstructionLot 1 - Home to be Constructed TBD.

I think you can invest in the other markets in OH for cash flow but you’ll never see the amount of appreciation you’ll see in Columbus.

But the cash flow performance will be about the same.  

I don't believe in generational wealth, and I don’t intend on having kids but even then it seems like the traditional way of doing things is to wait to reap the benefits of ultimate cash flow and equity when I’m 60!?

Once back in Maine, the goal is to begin purchasing small multi-family residences in order to hold and draw monthly cash flow.