For example I have two houses right now that are high equity where a second would be safe compared to the equity position.

I'm getting myself in position to purchase a 3bed 1bath duplex locally.

It includes things such as: Business Purpose, Financial Projections, Target Locations, Organizational Network, Funding Resources, and a 3 Year Strategic Timeline.

There are still some great deals to be found on the MLS if you know what to look for namely vacant  houses that have been in the market for a while Ike.I would not spend a bunch of money marketing direct to seller unless you are in a position to answer calls immediately.

I've been running my numbers and most them I just don't see being cash flow positive.

@Benjamin Harris I've heard they're just top of the market and I like to strategically choose properties a decent equity position and the main goal is cash flow.

There are properties in Avondale, Hermosa, Irving Park, Jefferson Park that you can purchase for $500-600k and see positive cash flow of about $200/unit. 

Seems real hard to find a deal producing positive cash flow with 0 down but then again I just started with this.

I've looked at the market here in Orem Utah which is where I want to be because it's close to Utah Valley University where the renting rules are more lenient than for BYU Students, and just from looking at the mortgages that I calculate, it would be very tough to find a rental property that I could live in and cash flow positively. 

It’s a great market and in the distant future it will be a market I would like to look for opportunities in for population growth, job growth, infrastructure, positioning for climate change (very long term) etc..