Normally when a  property is advertised as "cash only" the property is in poor condition and/or the seller wants to reduce contingencies and opts for a cleaner transaction.

These relationships became the foundation of my journey, providing me with insights that couldn’t be found in books or online courses.Building Relationships with Intentionality: Beyond TransactionsOne of the biggest lessons I learned early on is that relationships in real estate are about more than just business transactions.

Another great property management starter book was Landlording on Autopilot - Mike Butler.

In the case of GEG, we let our members know we did not have a track record with them - they were new to us and just being tested - and therefore it was even more important to perform thorough due diligence since we can't be involved in the transaction. 

Quote from @Matt Weddon: Really what generated this question was a section from Brandon and Heather Turner's Management Book, which has been incredibly informative and helpful.

In fact, I just tossed away an amortization book of tables that I've had for almost 30 years, when we were doing some winter cleaning - the lowest rate it went down to was 7%.

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

If you read Brian's informative book, you will learn that he finds integrity to be #1.

ATM business mainly makes money from the transaction fee.

That's actually one of my pieces of advice for you... learn how to do your own book keeping so you know your P&L in real time at all times. 8) Hard to say without knowing the value of the place, CC&Rs, as well as any HOA fees/dues.