This implies the cash flow will improve with time.  

Purchase price: $68,000 Cash invested: $5,000 Sale price: $99,000 4 Unit quad in Medina NYRenters were tough and management company's locations are too far for a regular check up.Had a renter pass away and then DCS came in and the house was condemned due to farm animals in the upstairs unit where the person passed.We were too far to keep tabs on this investment so we sold the home.

Cash out to invest in other properties? 

Your first thought, without gimmicks is great, but will you have the cash to buy any of the properties because that is always the first gimmick of wholesalers?

We will eventually split the cash flow.

Id imagine you want to at minimum break even if not have some healthy cash flow while you buy and hold.

The family knew it and did not expect much out of the property.Even though they had an agent in the family, they were looking for a quick cash buyer.

It sounds wild to think of it this way, but certainly will free up cash to invest in the next couple of years.  

The syncing of our financial accounts and uploading cash receipts makes our contribution super easy.

Other people in the lending space might have better answers, but some lenders quote taxes, insurance, etc. to fully understand the monthly cash burden and ensure you know it as well.