The median home sold price was $80K.Cash flow market 

We are from California and looking for investing in STR for tax purposes and good cash flow.

. $100 cash flow is not worth it a month.

Buying my first rental house and going through the entire process of renting it out was the single most impactful step to propel forward into this journey.

If you can pick up houses for cash, fix them for cash and hold them mortgage free then you do not need too many to get to 20k/month cash flow.

I've got a fun question for you.What would you do with $200,000 to 10x cash flow & long-term wealth?

This deal was sourced through New Western and was sold at a first come first serve basis.

We've started looking at higher cash flow markets right outside of Indianapolis. 

Got about $5.3M to deploy somewhere through an LLC.

We have enough capital now to purchase a property and and we are blessed to have capital left over every month as well, which we typically invest in CDs.Here are our current options: 1-Buy a turnkey place that has nothing to do with mom for cash flow of $200-300/month plus potential appreciation, overall ROI of 15-20% 2- Ask mom if she would move closer to us in San Diego, buy a small place here, have zero cashflow but at least we have another property in a great appreciating market and are no longer spending the $800 on her rent3- Buy a place for her in Orlando, same scenario as above but obviously a lesser mortgage since its FL and not CAWe found a great turnkey company we liked so if we do option one I think we will use them, but it just feels like if we do that we will still be tossing away what we currently pay on her rent.