I’d prefer cash buyers for the ease of the closing, and peace of mind to sellers.

Also another option that I used before was to get a bridge loan based on the equity in the properties you have to have the cash for the downpayment until the portfolio sells. 

I have a lot of clients in KC, MO too which I find tends to offer better upside, newer construction, less cash flow, but better overall macroeconomics. 

After Operating Expenses are deducted, we're looking at about $13K in NOI.Purchased for cash at the full asking price of $244,900, and assuming NO CapEx or renovations, that's about a 5.3% Cash-on-Cash return.What am I missing?

With those costs in mind you can crunch the numbers and see what you would need to negotiate the sale price down to to make it worth your while.  

Purchase price: $175,000 Cash invested: $90,000This was one of the hardest renovations we have completed to date, the house was very neglected for over 30 years.

For example:  Milwaukee, WIAirbnb Rental Income: $3,452Airbnb Daily Rate: $128Airbnb Occupancy Rate: 59%Airbnb Cash on Cash Return: 4.22%Median Property Price: $476,223Property Price per Square Foot: $269Days on Market: 49I own 2 STRs in this city and the occupancy rate overall is about 20% according to AirDNA.

You should have a lot of backup cash if things go south.

Is it worth getting a permit and setting up a vending machine in a multifamily, with 10 or more units? 

@Sam KayWhat do you think it's worth right now?