I love the idea of becoming free with my time for my wife kids and family with the passive income making us comfortable and being able to enjoy life to it’s fullest, but I’m sure at some point I’d like to sit back and just let properties pay for themselves so my kids can take them all over when I die creating legacy wealth for my family.

We would be living in the house for at least 2 years because my understanding is that is when you are free of capital gains taxes if you decide to sell.

Feel free to reach out. 

I am not saying you wont find a gem, but you can be sure much has been picked through already (unless they sell them auction-style), which leaves the properties that are less desirable, and plenty of these aren't worth getting for free!!!

Or is it only good if there’s free cash flow after the mortgage payment?

I'm excited to peel back the free-ware and see all of the great tools and networking this platform has to offer.Thanks for having me on here, I look forward to connecting with you. - Aaron

The duplex needed a roof and full electrical rewiring among other things.I let the renter stay for free for the first year and he and I rehabbed the duplex.

There are tons of great tools here at biggerpockets.com I am sure you can find them very useful.I personally use this free house flipping software to help with many things from number crunching, getting money worth, cost cutting, saving time, and or even getting funding for projects to contract managment and your clients or friends will love it too.

Feel free to reach out!

Do all the free stuff first and see if it is a fits you.