Positive cash flow properties are NOT hard to find if you know where to look and how to find them.  New homes have been a source for many real estate investors. When you buy a new property you would certainly expect to have fewer maintenance issues.

The question you need to ask yourself is, “How much you are willing to pay for this benefit?”  In some cases you will pay between 100% - 150% more than the cost of an established property to buy something new.

Our experience has been that the cost of repairs to older properties, especially ones that have been professionally rehabbed, is not nearly as great as some people may imagine. Wouldn't it be great to purchase more properties for the same dollar investment that produce more cash flow?  In fact many new condo and housing developments are so saturated with investors that the competition drives down the rental prices in the community leaving you with no cash flow and little appreciation.