Keep in mind if you move out of your primary and turn it into a rental, you have exactly 3 years from that time to sell and get the section 121 capital gains exclusion (up to $500k profit if married and pay $0 in taxes) which is a major consideration.

Opportunity to have 4 cash flowing units in the highly sought after area of South Pasadena.

Many fixate on the cash flow and forget the care flow.

With rent equal to mortgage payment, this house will be paid off in 12 years with higher appreciation and possible cash flow after 2-3 years from now. 

You may want to consider putting more down or doing something that will benefit cash flow like buying down the rate to max margins.

Considerable potential for cash flow, especially in certain neighborhoods.Best of luck in your real estate investing journey!

I am looking to increase my rental portfolio with a goal of 4 rentals this year ( is this to ambitious a goal) and maybe a couple of flips to add cash flow.

Purchase price: $64,555 Cash invested: $6,200 Sale price: $154,000 Second BRRR and First Short Term RentalPurchased on Construction loan with $27,569 construction hold back.Extra Rehab costs (plumbing, A/C, and roof unknowns): $10,000Down payment and closing costs : $13,656Cash out Refinance (cash back to us after fixed and rented): $17,452Total Out of Pocket after refinancing: $6,200Cash flow varies by month as this first year we are doing a Short-Term Rental.

At $150k you can no longer deduct and those losses flow forward. 

They prefer assets with little hands-on management, and the ebb and flow of the debt markets have a muffled but delayed impact.