And don't forget possible increases in value year to year.

So really I'm increasing my NOI by $12k.

I have no other debt.I currently invest 50% of my income into an S&P 500 ETF as a way to save capital for my next investment without losing money to appreciation in a standard savings accountSo given that, here are some options I am considering:1. 

So of course your cash flow could increase if you find this type of property.

Acquiring real estate with a mortgage substantially increases the cost of acquisition. 

Good enough for a rehab but not quite for a purchase.We’re looking to get into “Fix and Flip” to increase capital and maybe BRRR it if the numbers make sense, but our ultimate goal eventually is to Buy and Hold.

How I do it is through selective screening and I have been 100% successful.By instituting certain screening standards it will naturally eliminate the vast majority of non target applicants.For example young couples with children will generally have lower credit scores. 

If they are separate then you can do two separate purchases with standard 30 year fixed-rate mortgages.

Push the 750 immediately to 725 and move the other up to the same over the next 8-12 months.Make sure you institute a annual rent increase going forward.

At a later date, if you decide to rent the property out, your depreciation will be larger as a result of the increase to your basis.