The sponsor is likely suggesting that your monthly cash-flow will be shielded by depreciation and you will likely see your 'tax hit' when the syndication disolves which in industry standards is likely 5 to 7 years.

Used funds to pay other debt off plus out cash in the side.  

He was a realtor based in the Midwest (I think the greater Chicago area) and was talking about off vs. on market deals and the importance of choosing equity over cash flow. 

Looking to net 4 figures a month in cash flow with this unit - the goal is to close 7 more by the end of the year - let's see how it goes. 

Purchase price: $185,000 Cash invested: $5,000 Sale price: $220,000 Occupied by my in-laws.

But what about the interest on a cash out refinance?

I don't currently have any investment properties, but will likely work with a turn-key property managment in the Memphis/Little Rock area.My goal is to build a good cash-flow portfolio to ease into retirement. 

Purchase price: $305,000 Cash invested: $80,000Single Family home in a 55+ community. 2 Bed 2 Bath, attached 2 Car Garage.

For rentals, focus on cash flow and metrics like cap rate (target 8%-10%) or cash-on-cash return.

See what down payment and reserves you need and make sure you have that in place or if not, you know what your goals are for 2025.