While it has been relatively good in terms of rates of returns, the markets have been red hot and finding the same type of good cash flowing deals has been difficult for now. 

It would be stupid of me to be giving 10% of my monthly cash flow to a PM just because I don't want to fix a toilet at 2 am in the morning.

If everything goes the way it should (the tenant pays the rent with no issues and no surprise repairs come up) I will be on track to begin cash flowing $650/month. 

We generally get 20-year money at around 5% I would be interested in talking to your broker, that can offer 30-year money to an LLCBased on the cash flow I would hold it, let it season and then sell it, turnkey.

Not to mention the cash flow I’ll have from my own 8-10 rentals have by then.

I have been following the market for a while, can get some good cash flowing properties but there are so many junkers up there they don't seem to appreciate much.

SFR my wife’s original home; rented it for 28 years with positive cash flow.

Yeah identify some transaction archetypes, reverse engineer the transaction financials and see how it flows.

If you don’t account for this upfront and a washing machine goes up, then the roof needs redone in 4 years, or the garage door needs replaced- that will eat into any cash flow you have built up for x amount of months.

It just takes persistence and putting lots of potential opportunities through the deal flow pipeline.