Purchase price: $360,000 Cash invested: $80,000 This was initially a fix and flip deal that turned BRRRR.

Purchase price: $289,000 Cash invested: $25,000 4 2 bedroom units bringing in $800 for each unit.

Is it cash flow, is it appreciation, is it another strategy like a househack, etc.? 

Most will tell you to replace all to cash the big check.

We have roughly $100k in equity in our home and about $25k in cash or liquid investments.

In that environment buying in the hood becomes very tempting, but that little bit of cash flow comes with a huge cost in headaches, the probability of property damage (things like a charcoal grill in the living room) and long term you might just be treading water.Average net cash flow is probably around $200 per door after you have stabilized the property, so you need a few units before it amounts to something.

You could even negotiate into the contract that if the neighbors qualify you don’t have to pay the full leasing commission If needed some cash you could always do a cash out refi and take a small amount out.

I live in one and rent the other for $400 cash flow. 

You should never pay upfront before any transaction. 

Purchase price: $90,000 Cash invested: $18,000 This is my first buy and hold property.