If you have specific company questions please feel free to reach out.

Keep in mind renovation costs will need to be cash aside from your down payment and closing costs - I'd create a healthy buffer here.

Purchase price: $146,000 Cash invested: $42,100 Bought through hard money.

I found a duplex that currently cash flows very well even with today's rates. 

If you are going to do a flip, do a live in flip with the plan of living there for 2 years to sell tax free.

Feel free to contact me directly.

Time to build the foundation below.Check out the Start Here page http://www.biggerpockets.com/starthere Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.

Anyone in the area feel free to drop a message below if your interested and where your located and we can work on a spot.

Wealth Building vs Cash FlowMy proposition is that too many real estate investors, much too often, emphasize cash flow over increasing net worth.

Thanks for the info in your post, but if someone has just 1-4 properties and they generate cash flow after expenses of only $500 or so/month, that is $24k/year in cash flow.