As the home sits right now it will cash flow about $100.00 to $150.00 a month if I self manage it due to tax hikes and the homestead tax credit not applying after it becomes a rental.

Purchase price: $726,000 Cash invested: $1,300,000 Sale price: $4,500,000 We are developing a 4 story a luxury Duplex.Property is primed for short term rentals with conservative estimates of ($40,000-$50,000) per month.

I know a plumber who won’t even do work for $150 an hour cash because he’s booked out working 7 days a week. call around to some other people and see what they say.

If your accountant will let you expense it that would give you more benefit if the short term. 

However if you want to generate more cash flow putting 15% down will help you because not only is it a lower montly payment but when you hit 20% equity they will remove your PMI.If you put down 5% I would stronly encourage you living in the Airbnb if possible and renting out the home so you can generate even more incomeIf you look at it like this it'll helpMonthly payment < Potential income + current rentIf you can move and reduce your cost of living that is always great at the bare minimum they should equal each other in my opinion because at least you'll have equity if the market you are choosing is a strong equity market.

This is a long-term strategy for me as litigation can take years in some cases, but with a decent backlog of these types of foreclosures, especially commercial properties, it's well worth the time investment!

-Calculate your own cash-on-cash-Contingency 14-day inspection

As long as everything goes according to plan, I'll be closing on that next week.

Some I know simply are not aware that you could have a cash flowing asset.

This is a cash business.