Normally I anticipate having to replace all inherited tenants.

I've experienced this problem in multiple investments where the estimates were way off and my return was much much less than anticipated.  

During the refi of property number 2, anticipating refi of property 7, I paid off all my small credit card balances and brought my loan to available credit to under 20 percent on my main card. 

Pros for cash buying:• You can often get the property cheaper because you can close quicker than someone attempting to buy with traditional fundings• You can do a cash out re-fi if you fix the property up and get it rented so that you can leverage that money on a new dealCons:• Your repair costs may be more than anticipated • Your money is now locked up in a deal and you may lose money if the deal goes south• Doing a cash out re-fi may take a while to get doneCash buying is a great way to employ the BRRR (Buy, repair, rent, refinance) strategy that is often talked about here on BP.

If a property isn't scheduled to cash flow, is it anticipated to appreciate?

Here are basic stats on single-family home sales for March 2018 for the City of Austin and the greater Austin area:In addition to Austin's housing supply and affordability issues, we can now include increasing mortgage interest rates to the significant forces applying downward pressure:The Fed is anticipating three to four rate hikes in 2018. 

I’m getting more crazy looks than I originally anticipated!

The Federal Reserve is keeping a very close eye on this and they are anticipating the correction which means they really need to increase interest rates so that when the correction comes interest rates are high enough that they have room to reduce them to lessen the impacts of the market correction. 

That's going to be on top of that $60K gain you anticipate and taxed higher - 25%.So it's big tax bill or a 1031 exchange which would allow you to sell this property and purchase other investment property and defer those taxes indefinitely.

Are there any hidden charges besides the closing cost that im not anticipating.