That will allow you to better place your money in areas you know can succeed whether it be in the arbitrage or ownership space.

Now purchasing a home with cash is always good b/c obviously cash is king but also I think the part you might've missed is that, the money your utilizing on these home's won't actually be yours, but the banks or whatever institution you used to fix the home or make its value worth more.

Meanwhile, bank money market paying 7.5%. 

.: Most Hard money likely will not be interested due to owner occupancy (OO).  

If you are looking for growth, leverage your money and accelerate.

I'd need to finance with hard money.

It requires no money upfront, so you will join thousands of others trying to do the same in your market.

@Donald Hatter We send the information to a collection agency who attempts to recover the money; after they make several attempts they place it on their credit report. 

You are LOSING money because you didn't even raise rents to cover those increases!

I was out of college (just earned my degree in Culinary Arts) and was constantly running out of money.