Or maybe it's on a ridge with a view.

At one point I talked to my financially advisor and he said that it would be smart for me to open a HELOC on the property, but not draw from it, except in the case of emergencies.  

And truth be told, a 6% ConC return year one is hard to find but let’s stipulate to that return.To get $10,000 a month, $120,000 a year off 6% annual cash on cash, how much capital does one need invested?

Hi Myles,I found myself managing about 20 rentals through my brokerage at one point.

It would be helpful to me at this time, to have about $25K in working capital for work on one of my multi-family properties.

I almost exclusively work with investors and business owners in buying and selling in Baldwin County. 

I get FinTech is a high-risk activity, but imagine the industry will consolidate to one or a few strong players.

-- How many and which websites is it on overall?

It is a duplex and I live in one side and rent out the other. 

When the top ones can't/won't do the deal, Backflip usually will and they are super fast and easy.