Therefore , the down payment amount has to be higher so the property cash flows to break even.  

Even if I found one, the cash on cash return is very small.

If that leaves you wondering "How the heck will I ever find a property that cash flows well?!?"

You only need to put 15% down on each so between $30K to $40K and save the rest of your cash for renovations.

Your property will not cash flow.

In a way it feels like the City is making it more difficult for landlords to hang around because yearly inspections with a laundry list of repairs makes it real difficult to cash flow when my cash flow is just being held for the future, inevitable inspection.My opinion/thoughts.

The reason I ask is it seems like everyone wants to be a rei until it is time for cash to leave their hands.

I do not have any real estate investing experience.Interested in Cash flow properties. 

Factor in the cost of property insurance and taxes, as these expenses can impact your cash flow.

Great fixer up opportunity or to start generating cash flow as it is currently vacant.