Purchase price $175k:Cash Flow = $713/moCash on Cash ROI = 11%Cap Rate = 11%Purchase price $200k:Cash Flow = $502/moCash on Cash ROI = 7%Cap Rate = 9%My goal is to live in one of the units for year and then hold the property to generate cash flow that can be reinvested (either in this place by paying off the loan early or in a new investment).  

Originally from the Caribbean; Frist generation. 

Hello BP Friends,I wanted to get your 2-cents and advice on a possible multi-family buy-and-hold deal selling for around $185k that generates around $2300/month.  

I'd encourage you to work on getting your license so you don't have to depend on others to access properties and generate comps.  

County to generate cash (and profit?)

These areas have much more stability and can generate the sort of returns that you should come to expect. 

But today's generation has forged a new path.

@Ben BrighamSince flipping generates earned income, a Solo 401k could be one of your best options for offsetting taxes on that income.

I do know there are more millennials camping out at home and they are a bigger group of people than the baby boomer generation.

That relationship directly led to my RE agent and the others listed above, although I'm on a different generation of guys at this point.