Cashing checks.

@Jonathan Bombaci recommend using that amount as a bargaining chip for lower rates.80% of evictions are wash, rinse, repeat. 

There are some HOA's that are in such bad shape they wont allow any type of loans and it must be a cash purchase.

As interest rates rise, they naturally cut into potential cash flow on a property.

Purchase price: $395,000 Cash invested: $100,000 Sale price: $570,000 Such a fun project!

Our ability to offer cash and close quickly gave us an edge, allowing us to secure the property under market value and position it for a seamless resale.

Was that purchase money, rate and term refi, or cash out refi?

These companies, run by Kevin Bupp, Brian Spears, and Joanna Bupp, and how they buy up "mom & pop" mobile home parks, jack the rents up immediately to gain the most profit in the shortest amount of time with no care of the low income, fixed income, and elderly that were living in the mobile home parks comfortably.https://www.wivb.com/news/investigates/akron-mobile-home-residents-fight-back-against-out-of-town-owner/1779504663  That's how life works.

I would recommend fixing it and then determining whether or not to sell based on cash flow and profit after the sale.

Jackson County TDR is working hard to position our area as a year-round destination, and it is catching on, but I wouldn't count on significant, year-round cash flow from a vacation rental here.