Buying rentals with Cash, best options?

[Jesse T.]

I am getting about 200k in in the coming weeks this money is coming in from an investment outside my current job.

I have been looking a condos in the Tampa florida area. Due to the high inventory of foreclosures you can pick up units from between 20-45k.

I would like to pay cash for these units and then pull the cash out and use it to keep buying more knowing that I wont be able more than 70-75% of my cash of each unit.

What is the best way to go about this?