I recently lost my job, have about $150k in cash to invest, have a few cash flowing rental properties, and really want to use the $150 to maximize cash flow so I can avoid a regular job and focus on real estate and starting a new business. 

However, we don't have a ton of cash on hand for doing so.

We buy ugly properties and fix them up for cash flow. 

With the last unit finished, I’ll be cash flowing around $3k/mnth.

Carolina,It's really not as bad as you think because there are programs that will allow you to refinance to pull cash out or purchase a home with an "unpermitted" ADU. 

Purchase price: $350,000 Cash invested: $1,500 Sale price: $417,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a quick flip on Watering Place, Knoxville, TN.

Don't get super aggressive where you run dry of cash or put yourself in a pinch.

Purchase price: $36,000 Cash invested: $10,000 Sale price: $90,000 2 Unit rental both with one bath and 1 full bedroom 1 walkthrough bedroom.

Because if it's only the disclosure thing, I'm golden, because I choose to be upfront about that anyway. 

Zip codes which are easy to rent and can get a good cash flow with less crime.