So like the majority of investors right now, it has hard for me to find cash flowing rentals due to appreciation + high interest rates. 

Purchase price: $260,000 Cash invested: $50,000 Vacation rental What made you interested in investing in this type of deal?

Purchase price: $21,000 Cash invested: $25,000 Sale price: $55,500 Contributors: Peter Vekselman Partner Driven, in collaboration with Tricia Hart, successfully completed a renovation project on Water Street in Delphi, IN.

But if you start doing some research you'll see there's a ton happening under the surface.Price points are still quite low and you can still find solid cash flowing deals if you know what you're doing. 

my goal is always to have passive income from rental properties but right now I’m thinking more of being able to pocket cash and later make plans on rentals.

Pull cash buyers in your area from a data set or market it on social media. 

Ask @Dave Foster for any 1031 questions…But I’d start with these…Are you planning to pay all cash for the replacement property since it will probably be either impossible or expensive to get the loan in the LLC’s name.Why are you putting the property in an LLC?

I could handle $500-$600 cash to lower the mortgage but I still need to consider this within the financials.

An example problem statement that I may have stated (and built the software for) in 2003, when I started investing full time: Build a tool for lead generation that collects county records from the county recorder's office (and property card data), finds the recent first mortgage defaults  from trustees websites or public filings for properties that are between 1000 and 1700 square feet, in a neighborhood of 90% like-kind properties with greater than 20 parcels, houses built after 1978, that can cash flow at current rates when fully leveraged. 

If they want cash right away then they have the option of selling paper right after closing.