"where to find the highest cash flow city in USA ?"

@Barb Knowles If you're just starting out, you may want to build up more cash before you start buying and holding if funds are low.

You make extra cash (all taxable) but the longer the stay, the higher the cost.

Purchase price: $150,000 Cash invested: $150,000 Sale price: $400,000 this was my home for 15 years, was an old mobile home but I bought a new one July 2023 paid cash. 1460 sf. 3 bedrooms, 2 full bathrooms, beautiful granite kitchen, beautiful back lake view with a boat dock, adde a new front porch 10x12 and adding also a 22x18 back porch, private neighborhood, estimate of my home is around $400,000 What made you interested in investing in this type of deal?

Where is the renovation cash coming from?

You will probably find there will be little cash leftover if you hire this out so I'd encourage you to try to manage it yourself to begin with then if it's not sustainable for you, try to find someone to take it on.

Same with cash, other loans, and your time. 

If you can rent them, then they are a huge money maker.I don't recall what we paid for it, but let's say $10,000 and I use it 75% for biz.So depreciation is $7500 (assume 30% tax bracket, tax reduction $2625) That is a cash inThen rental say about 75 days @ $250/day = $18750Less costs (gas, repairs, service, insurance etc, which will also be a deduction from revenues) = $5,000So Yr1 you are at $16,375 and your machine is all paid for and then some.I don't have a garage so it is parked on the side of the property.

Done correctly, you can work deals with neither risk nor upfront cash.  30 years ago lease option assignments was my start in this business and I still utilize this strategy today. 

Purchase price: $240,000 Cash invested: $30,000 I purchased this house to renovate and add value to!