You likely only made a down payment of 3-20% ....but you still get to write it off on the full value across 27.5 years.So 400k/27.5 = 14,000 ish a year of a write off where during the year you didn't need to incur an actual expense, no cash outflow. 

They good cash flow so far.

That’s when I transitioned to multifamily properties—where owning multiple units under one roof maximized cash flow and long-term returns.To support my growing portfolio of fix-and-flips, wholesale deals, and rentals, I started a construction company.

.🔹 Profit Multiple Ways – You can rent the property for cash flow, sell the option at a profit, or buy it later at a pre-agreed price (often below market value).🔹 Great for Sellers & Investors – Motivated sellers can turn a vacant or hard-to-sell property into income while investors secure future deals without a huge upfront commitment.🔹 Ideal in Any Market – Whether home prices are rising or falling, lease options allow you to lock in today’s price while benefiting from future appreciation.Other creative strategies—like seller financing, subject-to deals, and the BRRRR method—can also open doors, but lease options remain one of the most powerful, low-risk, minimal cash out-of-pocket ways to build a portfolio.

If your goal is to have a cash flowing portfolio of rentals. 

I also have an investor putting some cash down who would prefer an inspection be done. 

Eventually she just sold the contract for $50k cash (all profit to her) when the RV park sold.  

Purchase price: $325,000 Cash invested: $50,000 This time I acquired a property that needed little to no work.

Once you’ve built capital, transition to small multifamily units using DSCR loans for steady cash flow.If you need help analyzing deals or securing funding, let me know.

Also, the home owner most likely has a mortgage and receiving a large amount of cash and then not spending it for 3 months can be more challenging than you’d think.