Cash flow can also be more volatile as well, since you might make a lot during peak season but barely break even in other months.If you have a good amount of capital to deploy and are interested in scaling, a traditional long-term rental approach with single-family homes—either self-managed or managed by a turnkey provider—could be a more suitable alternative.

In addition, real estate is not where you get rich quick so you will need cash flow anyways to support your current lifestyle 

Also need someone who is ready to put in 4 hours a day on the phone or even more and also someone who realizes that this is not a get rich quick thing  - it WILL require the grind and grit and someone that is ready to handle the tough days/weeks and keep going.

You don't need a rich uncle.

Sometimes seller financing, sub-to, or hybrid deals can create cash flow where a traditional bank loan doesn’t.

If you have a rich uncle/brother/parent then borrow 75k from them. 

Cash flow on traditional buy-and-hold properties can be tight unless you’re able to secure a deeply discounted deal and keep renovation costs low.That said, I regularly come across off-market properties at strong discounts and have connections with reliable contractors if you need support on that front.

So a three bed, even if the third is awkward, holds more value than higher end areas, where design and flow become more valuable.That being said, even if you convert this, legally, it will likely not be a true comparable to a traditional three bed house of similar finish and size. 

You're not always getting a clear title like you would with a traditional sale.

Start educating yourself daily – podcasts, YouTube channels, books like “Rich Dad Poor Dad” or “Set for Life” are great starts.2.