200K in cash - found an investor liquidating occupied LTRs - Finance Strategy Help!!

[Arthur Roberson]

Hey everyone, as title states I found a good potential deal to hit to take my next step towards financial freedom. I am currently on my 3rd home at what now feels like a century worth of living - 34 years old. 200K in cash came from me personally upgrading these homes and selling for a profit. Everyone I looked up to growing up invested in real state, including my father who retired at 54 after not making it past the 9th grade, 

I have found an Investor who is selling some of their single fam, occupied, LTR's in order to have cash for a large investment. The seller is open to working a deal if multiple properties are acquired. Properties are listed at the 65K-150K price range, and they have not been updated in a while. 

My strategy is, to work out a deal where I can get the max amount of homes at a deal, cash out at appraised amount, pay myself back, and get a min of $200 cash flow per unit, And depending on where rent/month is that cash flow could be up to 500/unit . If a tenant decides to not re-sign, I will do what I do best and flip it myself, and rent it at going rate for updated rentals. (Currently as is, rent is 1K/month, updated, same house is going for $1600/month)  or sell under details to follow. 

My question is, with the selection of SFU's being occupied and me not worrying about vacancies day 1 - what is best financing strategy for me to secure the most homes as I can from this investor. My current thought is to pay cash 4/time at the worked out deal $, finance the 4 under a blanket loan type structure, keep 20%-25% down on the home and repeat with same investor. I'm eager for this because my extreme analysis and vetting of the market shows that even if i purchase at current list of 75K, Me putting as much as 5K in would bring value to where comps are selling at 120k-140k 

Any thoughts would be greatly appreciated. I am open to any funding ideas anyone has to share! 

Thanks in advance for all of the amazing support