Dayton is a great market for high cash-flow, but it won't have as much appreciation as other Ohio markets because of factors such as population growth.

Once you get a mortgage you can leave 20% equity and cash out $30K or sell for $50k gross profit.Build cost includes ALL costs. 

The property obviously cash-flowed although not as desired. 

You can start cash flowing off the bat and (depending on the financials) can potentially help your DTI. https://themortgagereports.com/107690/fannie-mae-introduces-...

I purchased the property with a combination of cash and a HELOC.

We would have a positive cash flow of 150-200$ after property taxes and property management fee.

Hello Lenders,I am interested in buying half of a duplex.It will be sold and recorded in the county as a single unit.Wondering if the half unit can be cashed out refi, and how the process goes?

All I do though is just find leads through propwire, download them and skip trace them, give em a call and see if they're interested in a cash offer and if they are, just move them down the ladder to the next guy. 

I am wanting to pull cash out of it.

My primary focus for this investment is on long-term appreciation potential and leveraging rental income to pay down the mortgage, in this case I have no cashflow.Given the current market conditions, I understand that cash flow might not be immediate, but I'm more interested in the potential for appreciation over time and the ability to offset expenses through rental income.