If it is a great property that will cash flow well you can delay putting in new windows for a bit and then with the extra cash flow have to ability to pay for the windows in a pretty short time frame.

$200-$300 cash flow is a good number after all expenses but I would find a way to increase your COC return. 8% is pretty low but if you can find a way to have less of your cash into the property, your COC will be higher and you'd have more to invest in other properties.

My goal with real estate investing is to build enough cash flow to fund my other business ventures as well as donate to financial literacy programs.  

My question is this: if your goal is to create at least $20k in net monthly cash flow in 8 years, and you have $300k to get started, how would you invest that money?

No properties inside it yet, but currently using it as a flow-through for rents, banking, and expenses for my 4 units.

I can then hold that property and cash flow it.Issues I foresee: a) I don't know if I can get two properties.

Dallas will give you positive cash flow but it will be more on the minimal side.

This data only includes the 19 small to mid size cities and towns I am interested having investments in.2016 Multi-Family Sales2 Unit Apartment Buildings in my Farm took a dive last year, would have been a good time to buy a 2 unit building but I opted for a 3 unit with better cash flow.59 (2)unit properties soldRed line is the sale price, Blue line is the list priceThe average sale price for the year was close to $65,000The average Discount from list price averaged $9,000Only 10 of the sold properties were purchased at list price or abovePrice per unit was a whopping average of $28,6543 Unit Apartment buildings in my Farm did a little better on price the building I purchased was the last 3 unit in December in 2016 at a 10% discount from the list price and about 11k below market rate at that time.13 (3)unit Buildings soldRed line is sales and the blue line is discount from list price.The average sale price for the year was close to $83,000The average discount from list price was $9,000Only 1 building was purchased at 5k above list priceThe average price per unit was $27,4872017 Multi-Family Sales2 Unit apartment buildings in my farm this year are not suffering as much of a hit to price this year although the average price has continued to drop but only slightly.62 (2)unit Buildings soldRed line is sales and the blue line is discount from list price.The average sale price so far is $58,000The average discount from list price so far is $7,1417 Buildings have sold above list priceThe average price per unit was $30,0003 Unit apartment buildings 201710 (3)unit Building soldRed line is sales and the blue line is discount from list price.The average sale price so far is $75,000The average discount from list price so far is $8,7231 building has sold at list priceThe average price per unit is $25,175SynopsisAlthough there are some minor fluctuations in the NEPA Multi-family market the next chart shows all Multi-Family sales year over year which shows the relative stability of the market.  

Which city in bay area is best for investment upto $600,000 with small cash flow positive ($100-$200).

(We will be stationed here for a couple more years.)Eventually my goal is to have several rentals to keep a steady cash flow going and to do flips on the side.