I am location agnostic but I'd like to start at some level of positive cash flow. 

2-3x times cash on cash?

If you hear that and wonder "How the heck am I supposed to find properties that cash flow well then?"

Once it is rented the property will cash flow about $1600 a month which would be about 30% cash on cash return. 

While they do not cash flow as much as they once did I’m still getting enough for my reserves and solid cash flow each month.

Cash out Refi w/wo co-borrowing with my sister for 75-80% LTV and use remainder after note is paid off for ADU.

Purchase price: $136,000 Cash invested: $10,200 Small house with detached ADU in backyard.

If anyone has wholesale experience (or is a cash buyer that’s interested) please let me know ASAP!

But they still expect the high prices and most of those are sitting as well.I think largely the listing prices right now are unrealistic except for all cash buyers who only want to make a small return.So I think they want it to be on the move but I am not convinced that it is at this point.  

It pays for the water, sewer, taxes, and provides us with a small cash flow distribution each year.