@Chris Wagner- That's just too low an amount to make the claim worth it. 

If I could deploy the same amount of up front cost to purchase an up and running portfolio.My calculations tell me that I can be cash flowing much more if I spend the money on a portfolio or complex.

The tenant must pay the full amount owed to avoid eviction, even if the judge ruled in favor of the landlord.").  

Your responsibility is the DP, and the CF accumulates to pay you back the full amount of the DP. 

It's interesting that Obie returned a $200K value but they do allow editing so I was able to correct to an amount I feel was midway between principal and replacement value.

we have to have pre sales my bank will only give me a certain amount of spec loans but unlimited amount of pre sales. its the only way to keep velocity when you have a larger project like us ( 90 homes) We have been blessed no questions about it.. we made some critical decisions when we started that now look like genius moves :)

Once you increase your real estate portfolio using these tax free money, part of the cash flow they generate is offset by the non cash deduction (ie depreciation) so you get the equivalent to the depreciation amount but don't pay taxes on it.

If he owes a decent amount on the property, wouldnt the conventional route make him lose whatever interest rate he has?

There is a tremendous amount of energy around the long term prospects for the Cape. 

Typically seasoning means that the funds have been in a bank account for a set amount of time (usually 60 days), so ANY lender should love that....I thought maybe you meant un-seasoned funds?