I think it is best for me in my situation to use an all cash offer, and I don't rent back to distressed sellers.  

Quote from @Carson Hyland: Even if you buy the right property, failing to manage it well will kill your cash flow. 

Purchase price: $350,000 Cash invested: $10,000 House hacking my first home by converting the master bed into an independent studio that we rent on Airbnb What made you interested in investing in this type of deal?

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

Really expedites the time it takes to reach FI when you can completely eliminate your housing payment and get into multis for such little down and start building equity/cash flow with each one.

While the taxes on the listing may seem reasonable if it turns out they’re 300% more than they were two years ago just because the community has increased its spending this is a trend that will quickly make your cash flow evaporate.

Many groups buy cash flow negative deals and overraise to pay distributions right away. 

There are some people that get lucky and earn cash quickly, but they generally hide the fact that it was pure luck or how much work was involved.

The price points do make it hard to cash flow even with the lower interest rate subject tos. 

If your a cash basis taxpayer you can’t take the loss until realized.