Is positive cash flow a myth in today’s environment?

[Matthew Harding]

Hi all - I’m looking to purchase my first investment property near Houston. Single family home, relatively turn key, ~$250k, decent schools.   Given rates are what they are, I don’t seem to find anything that positively cash flows.  Is it silly to be looking at that as a factor?  I don’t want to do any significant renovation work with this being my first, and I don’t expect to cash flow significantly, but I am having a hard time finding anything that breaks even.  Maybe I’m being too conservative on my numbers, but I thought I would poll the group on whether this is just the nature of the current environment or if there are other things I am not considering.  Thanks!

[Joe Villeneuve]

There are positive CF deals everywhere, but that doesn't mean all deals will cash flow.  Also, if it doesn't have positive CF, why would you buy it?  The goal isn't to buy properties.