Speed of a decent return and our focus is flips of affordable housing.

Here are 2 different reasons that sellers ask for cash only; Speed of Transaction- Cash only closes tend to close quicker; Property won't pass inspection- Seller knows that a traditional bank won't finance the property;  

Attorney (Some states use them, we don't in CA, so it will vary for you)Any Realtor should already have these people on speed dial, so just make sure you know who your point-of-contacts are for each company.That's all I can really offer for someone just starting out, and it's mostly all you really need (other than a down payment). 

It has the added benefit of improving the speed at which we can accumulate properties too since we're adding value.  

I think that this going to be a great refinance that will get you better cash flow, or speed up the repayment period. 

I would say one of the best tips is to not sweat the small stuff and get discouraged by some of the speed bumps that you'll hit.

Increasing your portfolio size will INCREASE your margins...not decrease them.Using the BRRRR method will actually slow you down...not speed you up,...and WILL decrease your margins.

FEES:Rent: $700Utilities and High-Speed Internet: $75Optional Garage Parking: $50 (or plenty of outside free parking)Security Deposit: $700Property Features:Private Bedroom: 137 sqft unfurnishedHome and Kitchen: Fully Furnished and EquippedMonth-to-Month Lease (pay online with checking account or credit card)Furnished Private BedroomFlat Rate UtilitiesFree Storage AreaFree ParkingFree Planet Fitness MembershipFree LaundryFree Planet Fitness MembershipPets: stay in owner's room or accompanied in backyard.Private Room Occupancy: 1 personVid Tour: (coming soon)Lease Terms: Month-to-Month 

I think it depends on the speed of rehab, living situation, and timeline you want to follow. 

You will need to make sure to post proper notice and get them up to speed assuming the legal lets you fire the manager.