@Ronald MejiaYou can buy in cash and or use a large down payment, 60% for example and you can lock in a rate that cashflows so you can have some liquid cash for unexpected expenses or use that cash for the down payment on the next BRRRR.

If I file the bankruptcy I understand all the assets I have must be liquidated.

wow, very cool. 

I looked at almost every market in florida before I relocated from columbus ohio because miami Dade County has the most net migrations in the entire United States for one county. we build it in columbus ohio and it is worth approx 215k a door but down here all you'd have to do is change the assemblies and in miami that triplex would be worth more than 300k per door so closer to 900k depending on where you built it. new construction single family homes are going for around 330 per sq ft in the same area and a triplex is considered residential. by building codes a 4 unit is commercial I'd recommend 3 unit first or going as many units as possible if you have backing or your own cash. for each one we do we recommend 100k of liquidity. 

At the same time, we're seeing appreciation cool down a bit.

One thing that would be cool is provide feed for short stays.

I have located a second investment property that is a perfect BRRRR opportunity but lack liquid/capital.

For example, single-pane windows can make heating and cooling more expensive compared to double-pane windows.

I had my plane at Thermal for an entire winter and did a lot of the socal airports Catalina ( very cool) the most south I got I think was Borrego Springs..

By that time, I hope to have around 30k in liquid assets to purchase my first duplex.