Cash / very fast close2.

You'll also want to ask about the servicing process with these types of loans as the majority or lenders are going to be releasing your rehab in draws so making sure that the process to request this is fast and simple will make a big difference in your experience. 

Offer 1) 150k cash, fast closing, I take care of closing costs and trash at house; Offer 2) 165k, 7.5k down and Seller finance 5 years; Offer 3) 180k, 2.5k down and Seller finance 10 years.

On a Hard Money Loan you can close pretty fast 7-14 days without an appraisal versus 30 days on a regular loan.

Most house flippers want to get in and get out of that flip as FAST and as CHEAP as possible. 

When a tenant stops paying you, they stop paying those utilities and the bills add up fast.

It’s not important to start fast or soon, just start when it makes sense in a conservative way.

Safe to say an issue when deals are not being found lol..For the price and guarantee what to lose, don't drag move, guarantee time goes fast.

It is also growing so fast income would be welcomed because values continue to rise.

Rentals create cash flow, and that's what we want as real estate investors, but you need cash on hand for unforeseen circumstances.The AC needs to be replaced, that's $7K to $10K or more depending on the size of the house and if you have one rental, it will eat all your cash flow, same to replace a roof, etc, or if tenant trash the home, you need money to fix it again.To me personally a nice rental portfolio that is healthy consists about 10 units, so if you have an issue with a house the portfolio can cover the repairs and still healthy, but when starting you need to have cash on hand just in caseYes, there are multiple strategies you can use to hack your way to buy your first rental with minimum cash, but I would start wholesaling or fix and flip a few deals to create that cash as fast as possible