However, I'm busy with career and family and can probably count on more maintenance involvement with this new property, and a PM would of course decrease the net cash flow.

Consider averages for length of time on market , average rental rates increase/decrease, market rental range within school district.

I use this method for most of my acquisitions.My own cash, line of credit, private party and temporary financing make the acquisition.  

I just got new info that it is temporary.

My yield decreases a small amount but is multiplied buy the amount of deals i can do at one time.  

Once again, I was confident in the price we listed it at, we just needed to find a buyer that would be able to qualify.My confidence on the property increased and decreased throughout the listing.

In search of insight from the pros to decrease my down time between property purchases as well as increase my purchases per year.Thanks BP!

Right now I'm pretty much treating it like a savings fund - 'only' $150/month (this should decrease) for a fully paid off condo in 22 years time.  

However you could finance 100K(plus any closings) which would provide the cash to pay the 20K back.Where people get in trouble is when they do the opposite - pull out cash and decrease the amount of their loans - that is called a taxable boot. 

For more information, see Publication 946.The following items increase the basis of property.The cost of extending utility service lines to the property;Impact fees;Legal fees, such as the cost of defending and perfecting title;Legal fees for obtaining a decrease in an assessment levied against property to pay for local improvements;Zoning costs; andThe capitalized value of a redeemable ground rent.Deducting vs.