So trying to acquire five more properties without cash and have them cash flowing is going to be a huge hurdle.

Those 7 years were cash positive, but we just weren't making enough cash flow to make it worth the trouble. 

Cash offers would net you less.  

I took no money from the cash flow (when there was any) and I never made a late payment to the bank.This fall, nearly 12 years after the bank gave me that house, and over 15 years after I knocked on that door - after evictions, vacancies, insurance claims, and never taking a dime out of it - I sold that house and placed all of the proceeds in a 1031 exchange.

Like most places with growth though, it's hard to find properties to cash flow given interest rates etc. 

The terms remain the same, we still pay the monthly mortgage payment.

We sold one for $257k in cash and are holding the other one as a rental.I’m curious about others’ thoughts on build-to-rent (BTR) projects, especially on infill lots.

. -- Thus, you can expect to get Class C or D tenants, which have a 15-25% probability of defaulting on their lease payments.2) If your PMC is lowering FICO to 550, what are they doing to improve their screening in other areas?

This would allow for a longer carry back with up front cash flow.

Yes I know about the VA loan (no down payment) and VA disability payments, more on that later.