Finance or Cash? For Buy and Hold Investments

[Mike Flowers]

I am new to the game and have been wholesaling to build capitol. I am working on a rehab deal now and once that is complete, I should have enough money to buy a small rental property.

After talking to some people, listening to podcast, and doing my own investigations online, I have gotten mixed response as to how to purchase my buy and hold property. 

On one hand I here only buy in cash.

The reasons for this almost always are vacancy rate, needed repairs, and economic shift.

The other is to finance the properties.

and I have heard the biggest reasons for this to be that you can buy more properties and that will make up for the interest to be paid and with other properties, you can make up for the vacancy rate with the revenue from the second property. 

I wanted to run this by everyone on here since most of you have A LOT more experience than me.