If you are willing to compromise on those two factors you can optimize for your financial metrics and really try to get cash out of the deal, ideally 25%.But I think a full cash recycle is more of a unicorn, at least for me.

This implies my cash flow will improve quickly and over a long hold is likely to have better cash flow than the low RE cost market that had better initial cash flow.  

Quote from @Charles Crotts: Wondering what is best way to invest this money in rentals.  1. buy 2 or 3 positive cash flowing rentals?

That sounds like a solid approach and a great buying criteria—SFHs with conventional financing and a focus on strong cash-on-cash is a smart game plan, especially if you’re looking to build long-term wealth.

From a tax perspective, interest is still deductible, but higher payments may limit cash-on-cash returns if STR income is seasonal or inconsistent.Tax Reminder: You can still use bonus depreciation (40% in 2025) to accelerate deductions, including furniture, appliances, and other eligible assets—but only if the property is placed in service during the tax year and you meet the STR material participation rules.

Probably one of these two since they both cash flow and that's my main focus.https://www.biggerpockets.com/analysis/rentals/7988a5f6-41da...orhttps://www.biggerpockets.com/analysis/rentals/61f8a5f6-d85c...Thanks in advance for any advice!

How much total cash have you put into this?

To evaluate readiness, look at your debt-to-income ratio, cash reserves after down payment and closing costs, and whether the new duplex cash flows positively with conservative estimates.

If your goal is to have a cash flowing portfolio of rentals. 

Investment is in Duluth, Minnesota, but there was not an option for that above I have one single-family home for which I paid cash.