The goal is to generate cash flow to help fund a real estate portfolio.

I know the advertised returns aren't guaranteed but 7% annualized monthly cash flow with upside of an additional 13-20% annually when the property sells, aligns well with my investment goals.

But with all major repairs done and a cash flow of $4000/month (with healthy allowances for maintenance and cap ex) we hope to start taking a monthly cash out in a year or so....

Hey hunter, we bought 3 with cash, used that cash flow to buy 3-4 years over time.

I have tried to make the numbers work in our area and i cant get new construction for rent to deliver adequate cash flow. make sure you are calculating your costs properly

Didn’t need the equity for a down payment of new house and it’s in a great area that could produce significant cash flow.

It doesn't have to cash flow like crazy either.

LuisI clean these up all of the time because a "guru" out there, very popular by the way, is giving bad advice.

For instance, while it can bolster initial cash flow by reducing tax liability, it could diminish deductions in subsequent years (when the property might produce better cashflow), impacting overall tax footprint, so you need to take into account all that in the context of your short term and long term tax strategy (e.g. if you plan on selling soon, at which time the depreciation gets recovered, or not and planning to hold for a long term/forever/1031, buying more later and creating more depreciation to offset cashflow or not, etc.).The alternative is a do-it-yourself (DIY) or survey option, which costs around $400 to $500 per property (I can do my CSS report in 10min, once I have all the data needed).

You Rent a House that you can Rent to someone else for more per month for Cash Flow.