Because it's my first property I want to take advantage of the higher cash flow I should receive because of my low mortgage payment.I'm more interested in just establishing the HELOC before it becomes an investment property so I have access to the extra funds should I need them.

Hope to buy my first cash flowing property this year. 

Bite to bullet and just break even with a long term rental until I can raise them enough to cash flow.3.

Dearborn was solid and clean.

I’ll still come out with a good profit, but to sell a, sometimes, high cash flowing SFH with a 3.75% rate also seems crazy.TIA!

Then apply what you have learned and you can get cash flow.

Tenants were great, paid the year in advance, clean, nice.

Your cash flow might be high, and if somehow those towns ever turned, they would be an insane thing to get in on early.

I have a solid amount of capital to invest and am looking to invest remotely in the Midwest or South in places that will provide a net income and, of course, ideally also provide at least a minimal amount of appreciation, but I'm definitely leaning more toward the cash flow model given that I'm an older investor. 

Just to give you an Idea on some numbers , I am doing a 2100 sq ft house , class A neighborhood ,  clean out , removing some walls to go open floor plan , minor electric , some mid level replumbing , full custom paint , new kitchen , new bathrooms ( 2.5 ) , new windows , refinish hardwood upstairs , Vinyl plank downstairs .