I aim to begin with Fix & Flips to create immediate cash flow and then transition to STR/MTRs.

After some back and forth the price came down but they offered us $1,400,000 cash and a quick close.

My 1st property will officially be a full rental rather than a house hack with some cash flow.

I would want to buy and hold/ rental (to help reduce my w2 income as well as cash flow).

Purchase price: $410,000 Cash invested: $100,000 Sale price: $625,000 Single family What made you interested in investing in this type of deal?

Yes the leaseback will cover the loan and fees for the duration…if we don’t break even, we may have a tiny cash flow.the builder is using it as a model until they sell the remaining units they will build over the next couple years.

Columbus=more appreciation, less cash flow. 

In 5 years you'll have 4 properties that are hopefully cash flowing for you and you'll have enough saved up to buy your first multi-family with all the knowledge and experience.Best of luck in your RE journey! 

With such a great cash flowing property, I would be very resistant to selling.

I think of if I had to buy my first house two years ago when I was just about to get married, having a variable income with no cash flow supplement, it would be a dramatically tougher situation.