So if the delta on your savings versus interest costs is only 2%, and it appears you're a RE professional, your tax advantages will probably make that a wash meaning there's no advantage at all to spending all your cash unless you are just afraid of making a payment. 

This would provide a bunch of cash flow vs acquiring 10 properties at $200/mo CF....Then you can use your 1st position LOC to fund more deals, wash rinse repeat!

It is a 10-acre plot and the owner is willing to roll the equity into the deal for the development of something that generates cash.My first thought was a self storage facility which we could always use here in South Florida, and the second was a car wash.

Nothing too expensive but we want something that will wash well and feel soft.

The GC will pull permits, hire and supervise the subs - while the GC will mark up the cost of labor and material, chances are that he is buying them for cheaper than you anyway, so it might be a financial wash and you get the job done professionally.Inspections are typically done by the municipality.

I'll use my washing machine drainage pipe as an example.

The properties I help manage are all listed after the home has had a deep clean, touch up paints or repaints (no scuffs or marks on the walls), carpet cleaning (making sure there is not any dirt or stains), pressure washed, and has all hardware throughout the home property secured and functioning.

Bronze vile and Wash Pk, are very viable options but I haven’t found deals there as of yet.

If you will search for @Rodney Miller , I believe it was he who recently put up a terrific summary of recent economic indicators for Oklahoma City. 

We are purchasing a car wash from the owner.