Plus they normally pay in cash to avoid the above issues.  

One of the best hacks if you have limited cash is to buy a primary residence with up to 4 units.  

Pay him cash.

Affordable deals do not typically produce cash flow.  

.- Have attorney draw up a contract to do this.Suggest you offer your dad some cash, now or in the near future, to motivate him to transfer his ownership to you.It may not work out, but you will learn a lot either way!

Purchase price: $420,000 Cash invested: $55,096 Purchased a distressed single-family home in Antioch, CA, using the BRRRR strategy to create $141,000 in equity and secure a cash-flowing rental property.

One fast way to generate cash flow is to invest in high cash flow, low appreciation markets (say several midwest e.g.

Hopefully helpful as you start looking around the market, as the only other alternative is to buy cash!

Taxes and insurance are high in West Texas but I have run the numbers at a few different price points and thankfully, it will still cash flow for an investor with 25% down.

A single-family home or small multi-unit property can be a great way to dip your toes in the water.Build a Team: Even if you’re planning to handle most things yourself, having a good real estate agent, property manager (if needed), and a reliable handyman can make life so much easier.Learn the Local Laws: Pensacola is pretty investor-friendly, but it’s always good to know local zoning laws and short-term rental regulations if you’re thinking about Airbnb or VRBO.Run the Numbers: Make sure you’re clear on the property’s cash flow potential.