And they had swimming pools and clubhouses and manned security gates.

Just a little about the property: it is in a gated student community of single family homes.

" At the Gate" this one presents a problem.

First post all info and weed people out at the gate.

Michael Dell, Bill Gates, Rush Limbaugh, President Lincoln, Zuckerberg, and Melania Trump don't have college degrees. 

I'm looking for my 1st MFH and was wondering if it's silly to use Property Management right out of the gate. 

It's in a gated community that is difficult to get into, and all the postings on the house pointing prospective buyers led to dead ends.

This means I would have 24.4% equity right out the gate if I acquired the property even before renovations.

Part of me wishes I took the deal still but another part knew that we were not ready to take on that kind of risk right out of the gate without some sort of base behind us. 

If you want to keep buying more houses with the cash, or want to use the cash for other investments, or just to have it on hand, then it would make more sense to finance.Most people are financing today in some fashion, whether a cash-out refinance or just a straight-up loan out of the gate, because interest rates are so historically low.