This is a cash business.  

I want guaranteed monthly rents because when I purchase my main focus is cash flow, then equity in the form of added value (renovations, adding extra bedroom, etc).

I pick up rentals all the time with 15- 20% net per year income, based on cash purchases.

We have $100k cash right now and we’re trying to figure out if it’s worth it to put the cash we have into refinancing Property 2 based on income generated, decreased value, etc.

If you never built before, then understand all the process of how much it takes to build a new home/modules before strap down all your cash in one place.If the number doesn't work for your current search, then keep on looking... instead of getting stuck on a bad deal that mitigate you from invest on potential good deals.Good luck

After negotiating price down, with current rents, I will break even on cash flow after year one.

Purchase price: $120,000 Cash invested: $1,111 Sale price: $210,000 Contributors: Peter Vekselman Partner Driven, in collaboration with our partner Antonio, successfully completed a deal on S Homan Ave, Chicago, IL.

Purchase price: $112,000 Cash invested: $30,000 Primary residence turned rental

Purchase price: $583,000 Cash invested: $35,000 Denver STR airbnb.com/h/cute-denver-5bd

We also have no seasoning products that would allow you to pull some cash out if that made sense for you.