HiShort back story:Search warrant served and tenant refused to open door resulting in police using force (they did knock first) that caused considerable damage to property.Termination (90-day) notice served to tenant who has now solicited an attorney to remain in the property.

Rehab choices is where a lot of operators lose their cash flow margins.Choose your finishes to optimize for cash flow.

Since I come from nothing, I figure I CAN make it there through a diverse portfolio of investing, starting my own airbnb arbitrage business, and dwelling into real estate can create a cash flow and possibly appreciation over time and I will be able to get to the point where I can invest into owning my own resort! 

Depending on where you are looking to buy location can help increase cash flow. 

Take into consideration if it is a prime location or if you have an anchor tenant that drives in lots of traffic then you can increase your rent/fee.

Hey Nicholas,There are a few that can refi at those smaller amounts, which is obviously really helpful because these smaller properties can still cash flow pretty well.

Cash flow like this doesn't exist anywhere in Texas unless you get those sweet, sweet off market deals from brokers.

Everything we see on the MLS wouldn't provide enough cash flow starting out and we don't have a big enough cushion to justify only trying to break even just yet. 

Are you aiming for cash flow, appreciation, or a combination of both? 

These are investment/rental specific mortgage products that don’t take into consideration, your income, or the debt on any other property you currently own.