No timeframe of when property will be potentially generating cash flow again.  

The market ebbs and flows. 2023 was a rough year for property values and 2024 looks like it could be just as bad.

@Matt LopezNot an economist but smaller banks will be in a lot of trouble, banks will also tighten lending standards making it harder for people and businesses to get loans which typically leads to higher unemployment due to cash flow issuesThis will then lead to softening in housing.

Positive cashing flowing since Month 1-2, ideally more than the 1% rule?

Hey Margaret,I see positive cash flow is important for you.

California for example taxes, HOA's, Sale prices all seem to eat any cash flow right out of the gate.

The first tax benefit of real estate is that the cash-flow and appreciation grow tax free(in general).Cash flow will likely be offset by depreciation and appreciation is not taxed.If you are making 8% on real estate(combined cash flow and appreciation), you money will double  in 9 years.If you make 12% on real estate, your money will double in 6 years.There are other strategies in real estate(time involved in real estate) where you can create 'paper-losses' to decrease your W-2 wages, interest, dividends.I normally don't like this route too much as I think people can focus their time and attention more on other tasks that can generate a higher hourly return.Best of luck.

Thanks Yes, property insurance is an operating expense and decreases your NOI and cash flow.

Pay it down with cash flow and W2 income?

We have already reviewed most of these but there is a new kid on the block, tax depreciation:Cash flow + rent increases over timeNatural appreciationPrinciple pay down of mortgage + increases over timeForced appreciation through a renovationTax benefits to renting-out a home: tax depreciation (you get to deduct 3.6% every year of the value of the home structure, for 27.5 years!)