Any details on down payment requirements or other details from your past deal(s) are appreciated.Additionally, if anyone sees a flaw with this mentality, please let me know.

Then you should look at the markets you're interested in to determine which ones will help you accomplish your why and goals.

@Marc Rice Great mentality, thank you!

@Justin BrownYour CPA would be the best guide to determine what your gain would be if you decided to sell at your desired price as he would know your adjusted basis, tax rates, etcThe three most popular ways to defer taxes would be 1031 exchange, QOF and installment sale.

Hello @Srikanth Raj  I think first off you should determine what you are looking for in a turnkey property as there is a vast difference in what is offered from one turnkey provider to another.  

Tax is not determined by your debt. 

That will likely determine if we are going to build a SFH and sell it or try for a duplex and keep it as a rental. 

I would also ask if you have any prior experience in investing such as the stock market or not since the mentality of investing rather than speculating is one that is easy to explain but hard to put into practice.

How does one determine if there’s positive cash flow if the property was bought in full with cash?

Consult a real estate agent to determine prospects to sell as is versus with improvements.