This is the famous BRRRR strategy that is talked about alot on Bigger Pockets.

My question for "cash-only" sales are there any instances where a cash-only property would decide to accept bank financing? 

For instance, if the farm has "hot assets" (e.g. unrealized receivables, substantially appreciated inventory, etc) your FIL would have to realize ordinary gain from the sale and can't defer that through installment.A Sec 754 election needs to be discussed as well if you're buying out your FIL's interest but your BIL is staying on.A good CPA is going to cost you, but will save you far more than his/her fee by doing things correctly and efficiently."

Here in Dallas I have seen instances where the bank “rehabs” the property themselves and then sells on the open market.

From my experience, though - again at least around here, the bank is usually the one that starts paying for management services to for instance winterize a place - so that would imply it has already changed hands. 

Just like strawberry is an instance of fruit, cash on cash is an instance (i.e. type) of ROI. 

They own the consequences.By the way, with over 300 rentals, I get a couple instances a year that may qualify for a renter insurance claim.

In most instances, the borrowers are hard working citizens doing all they can to make ends meet and make their payments.

Declares emergency, effective on passage.should be good for us who build housing for owner occs  rents are going to keep going up up up and soon renters will realize they are throwing money away and will come to us to buy our new construction since mortgage payments equal rent in many instances. 

I guess this is one of those instances in real estate where quality is valued more than return.