With leveraging, lower cash flow per door after expenses doesn't quite make sense to me yet when the goal is to acquire enough cash flow too cover your expenses etc.

If you have access to capital, you can buy the stable property and continue to acquire a value add.  

I'm an investor in the northeast Philadelphia area who has acquired and managed two properties for rent over the past year and a half and am looking to acquire more.

@Devyn Grillo - I would recommend having multiple strategies for each property that you acquire.

Hi BP,As I start to acquire more and more properties, the efficiency of my records of expenses/income/ROI is getting complicated and honestly not as organized as I would like.  

I wonder, how are you planning to acquire these properties?

If I was able to acquire it for $40k and bring in $800 / month, this property would meet the 2% rule, which suggests that it should provide a decent monthly cashflow.

@Cameron Andrews, I appreciate the offer however I am very active in my investments and acquire, project manage and dispose of them myself.

We can do up to 80% LTV on a short-term rental rehab loan so you can acquire the property.

I don't expect my contractor to work under these conditions and it is not conducive to a quick turn around.For the time being I have been funding deals via cash for the simplicity and quick close etc (easier to acquire properties and move at my own speed).Look forward to hearing from everyone.