Obviously cash is the way to go but be sure to stash lots of extra to cover the learning curve on management of that many units.

Get a few dead presidents stashed away.Also if you are planning on racking up some school debt, learn about Coverdell tax free accounts. 

Don't think Kyle will be able to do a HELOC on his Texas property as it appears Texas Law doesn't allow HELOC on Investment Properties.Kyle's $20K stash would still allow him to purchase FHA .

You could even stash a little more back for contingency.Again, the numbers a rough, but I wanted to lay it out there a little more clearly for you. 

Scrap and save every dollar you make and stash it away and plan to sell this building soon. 

I have seen this where the house was trying to be used as a stash house.

I don't know any property, 100% tenant occupied, that would be less than 600-700 per year, or closer to 50-60 per month.Do you really think 76.25 per month stashed away will pay for CAPEX/maintenance?

If so, you might take the thermostats, heating elements, and drain valve off of one of the old heaters, and put them in your stash.  

"With two doors to go through before the cops get to us, we'll have plenty of time to flush the stash."

Will deploy when find the right property, for now stashing cash reserves for whatever the future brings.