We don't hide that by continuing distributions--so we cut those off early to preserve cash reserves. 

Using a second mortgage or a Home Equity Line of Credit (HELOC) on your single-family home can provide the needed funds for the down payment while preserving your liquid assets.

Pretty much nailed it in my opinion.

They have the process nailed down and are very efficient.

Ned hit the nail on the head though as typically tax lien FC wipe out all other liens.

Some cities are pro growth others will fight you tooth and nail.

Some specific examples include careless installation of vinyl flooring in our kitchen, resulting in irreparable damage; leaving an exposed nail in remodeled kitchen cabinetry that scratched our new range; installation of bathroom sinks with improper plumbing connections; and multiple instances of failure to remove cigarette butts, food trash, and construction waste from our property.

Also, set rules for tenants to follow is a must.Needs and Wants:I think you hit the nail on the head.

I've been investing since 2008 in anything from the wholesale, fix/flip, SFR rentals, MF Rentals, and I even have a small PM company.You hit the nail on the head when it comes to cash flow. 

While I dream all day of vacation property, you hit the nail on the head - buy a boat, and explore all the islands.