that money is not the same as cash... you're paying interest on it.but let me know if i am missing something.

In other words held for steady cash flow.My VARIABLE (note) PORTFOLIO consists of more active/speculative notes - non performing notes I purchased at discount to principal owed; notes I hope to “work” for enhanced ROI, real property I “purchased” with a leaseback option to repurchase, and defaulted notes I purchased planning on eventually taking ownership of the real estate, as well as notes I created that don’t have current payments but provide a guaranteed return plus an equity “kicker” when the property is sold. 

They can sometimes be more open to funding niche investments like mobile home parks, especially when you’ve got proven cash flow and a solid plan.Another option could be talking to your uncle about seller financing.

Purchase price: $65,000 Cash invested: $15,000 3 Bed 1 Bath 927sf What made you interested in investing in this type of deal?

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

Quote from @Hannah Hodge: I just purchased a single family and moved out of the house hack it is now fully rented and cash flowing for me!

I am looking to do a few cash purchases/rehabs in the area and I wanted to get your feedback.

I don't know any builders here, so I am wondering a few things: - Does anyone have a builder that would be interested in doing a single infill project (there is another infill lot going up on the street, might try and connect with them) - I am in between paying for it myself with cash during construction (maybe the home will cost 150-200k to build?)

At $1200 in rent, you will probably have negative cash flow. 

Quote from @Shalante Davis: Do you think a rehab loan would be a better strategy with a cash out refi?