You also need to review the T-12 for the property and add in commons utilities.

Lol, I have gotten fired for giving bad news but on the flip side I've been hired for my no BS style, my tenacity, my extreme patience, and for tackling problems created by others.

@Max T. and @Nathan G. - Thank you. 

@Carmen Lewis did you ever get an answer to your question on if the t-b needs to come up with additonal cash when they refinance?

Or you could put it in T-bills for 3% for very little but some risk.

Hello,Can the BRRRR method still work fine if you don;t buy the home all cash.

A few times I have had tenants limit serious damage because they could take the T wrench and go out to the street meter box and turn the water off. 

With only 10K the fasted way is like to drastically modify your life style to embrace the frugal and save every penny going forward until you have enough for a DP, closing costs and a reserve fund. $10K after closing costs and holding back a reserve fund will leave you about $5K for a DP.

I'm not sure the work it needs vs a 75k condo that is apartment style where you have neighbors above and on the side of you, it is on a bottom floor.

I'll take them to lunch ASAPI have a military background so I would rather the no BS style of learning.