Well here is the deal: 6 condos in a complexAvg rent roll $700 / market is $800-900HOA is $180 a month per unit3-4K in Reno as tenants turnover is neededSeller will take 290k for all 6I do not have the liquidity for 20% down and do the renovations. 

Originally posted by @Michael E.

I will have more liquid cash at the end of my season (April 2022) which is when I want to buy. 

Might be 30 to 90 days after closing, so this pads your date some more.If you find a winner, maybe it is fully occupied and you live in NYC until your lease expires, then move into the property.Lastly, even if the landlord is a jerk and you have to pay ~6 months of rent, when you are 80 and a millionaire from your real estate journey, will that 15k(?)

Also, depending on your price point, you may want to look into some pockets of E Charlotte for some decent value. 

I just completed a Cash Out Refi on the California property and now have 200,000$ Liquid cash, as well as additional 50000K liquid cash for reserves/emergency funds etc.

Most will require a 20-30% downpayment.For mid-sized loans ($5mm+) they may allow you to bring in some equity, but will require a certain percentage to be from the Key Principals (guarantors) and will require about 10% liquidity to be maintained through the loan term.How large is the loan?

I just completed a Cash Out Refi on the California property and now have 200,000$ Liquid cash, as well as additional 50000K liquid cash for reserves/emergency funds etc.

AFTER >The current tenant said she was in the process of buying a home which is why she wanted to move and that she is having issues with her coop appraisal and that she might loose the deal so she might need to stay in the apartment. 6. i have a tenant who signed a lease to move in December 1st and another tenant whose lease is expiring Dec 1st who now says she doesn't want to move incase her purchase falls through. 

The sales contract I use CAN allow for liquidated damages over and above the deposit monies.