We are not too strapped for cash, but it always seems better to have more in the bank than less.

Purchase price: $98,500 Cash invested: $15,000 owner financed on duplex, bought from a friend of the family. hopefully many more to comeHey @Jeffrey Eschbach, welcome to the BP Forum!

The pros of not using an agent are you save a few grand the cons are who is going to be negotiating and creating the offer and purchase and sale agreement.

Maybe concrete single-family 1-4 units depending on the price point and cash flow.Also there is no real MLS in Puerto Rico you need to find an agent for each area you want to look at.

You need all cash.2.

Well done on 50K saved up. 

If you oversimplify it and take your total cost to close the deal / monthly savings = # of months to Break Even.

You will make more money on appreciation when you sell your property than you likely will from the monthly cash flow.  

@Thomas Farrellmiscellaneous reactions-BRRRRs won't produce cash flow - they're an equity strategy, not a cash flow strategy-OOS BRRRR on your first deal will be incredibly difficult. 

We have our entire savings wrapped up in this.