I'm strictly looking for cash flow, and instant equity build potential thru renovation...  

It is a LOT easier and you will eventually find yourself in a position where you watch others that MUST work while you have a lot of freedom to do other things. 

This is our exact service, offering around 10-15% equity left in the property.

@Josh BryanI train in lease purchase and sub 2, see my posts on negotiating w sellers terms deals, pretty houses low equity

My husband and I will be finally in a position to buy a house here in January.

My husband and I will be finally in a position to buy a house here in January.

I'm going to post something that I am certain will generate a huge amount of both positive and negative feedback.  

As you can see there is too much equity - based on a 30% down on each property I should be able to cash out a good amount of equity and go buy something and repeat.  

good concept Bryan, flipping vs buy and hold are keys to how wealth can be generated by using two different methods of investing aka envesting as i like to say, i'm a newbie in this industry my plan is to buy and hold rentals and later refinance the property and reap the benefits of the cash flow to purchase rehab and flip discounted properties that i find along the way, my strategy may be different than most but most of my educational coaching suggested looking at every deal as if it were flip and or rehab, i agree with Bryan, if i can get the cash flow and equity that buy and hold offers then that is the strategy that works best for me, but if i run across a flip/rehab that is worth my while then i execute accordingly but leverage is a important aspect of the buy and hold strategy will be implementing in my world.......good luck on your investing journey

I came across a seller that had almost zero equity in his home and was facing foreclosure auction in less than 1 week.