Personally, I look for cash flow first, because my goal is to replace my income with cash flow, but everyone has different goals.

Of course, especially while having a regular 9-5 to get up and go to every day but I was committed and I still am to my goal of creating a rental portfolio that can help me eventually achieve financial freedom.

My goal is to achieve financial freedom by 35 and I am well on my way to doing so.

What are your investing goals?

What is your goal with the property? 

If you are doing real estate full time, become an "expert" in your niche, establish a solid investment criteria that is aligned with your beliefs, investment goals and risk tolerance and start growing from there.

If you are concerned about it your first goal can be to pay that person off ASAP.

@Jared Matson Whether you should flip and sell or sell with financing is entirely up to you, your business model, your market, and your financial goals.

Whether your tolerance for risk allows you to scale to larger purchases, or you'd rather mitigate some of that risk and buy smaller properties is totally up to you, your goals and your comfort level.

Your evaluation will help show everything that you need to make a decision based on your goals.