More doors more rents=cash flow and in many states like Indiana, TN, OH, FL and a few more you can find some great cashflow deals.I just closed on a 4 unit just outside Dayton ohio for $210K it was a TLC purchase with rents that debt service the property plus ROI. 

@Estrella Carolina MckinneyStart with a turnkey property that cash flows at least $200.

Thank you Elliott, is one of the criteria is that it has to cash flow over a certain amount of the mortgage and expenses?

Pros:- Low cost of buy-in / not much needed in comparison to other areas due to affordability in purchase price- High-Cap Rates- High Cash Flows- Stable market / continuing to appreciate- Beautiful revitalization of the downtown- Influx of jobs, employment opportunities - Plenty of renters- New Amtrak service coming- Surrounding neighborhoods are sought after, solid schools, "home team" mentality in most of the towns where people want to stayFor the Cons:- I can't think of any OVERALL cons that couldn't be avoided in working with the right team.

We're not as concerned with cash flow.

Nothing is affordable / cash flows.

I know California investors losing money on what was supposed to "cash flow" OOS, myself included.

Etc.Sitting idle and not doing anything - not taxable, except for the interest earned on it if any, and not deductible.Again, the two sides of money flow, in and out, cannot be combined for tax purposes.

But as time goes by, and my focus leans more toward legacy building, I am sometimes conflicted as to where to focus my energy... continue expanding, educating the kids, or enjoying the moment and allowing the kids to do their own thing versus steering them into REI.I find myself taking pauses to enjoy the cash flow, spend time with the kids, and deal with my wife's hobby farm... involving about 70 chickens and two separate gardening areas, while she enjoys working full-time at a local college.

But if you're willing to do a partial cash out, may 60%, and keep your mortgage lower and cashflow higher, then you have a cash flowing asset with equity left on the bone for a down the line refi plus you are liquid again.