You are able to add back your non cash deductions which is deprecation.

I was reading about DSCR loans and they seem like a great tool for cash flowing properties. 

If you buy a property for 100% cash, it's virtually impossible not to cash flow, so I assume you are financing everything.

It would have to be a home just barely worth $375,000 or greater, and would hopefully cash flow.Or we could go for two single family homes, less expensive, and put $70,000 down on each. 

If we keep it we would need to do a cash out refi for as much as possible.

deal flow  getting deals good enough leave enough forced equity to get your cash back at refi pretty simple concept.2. cracker jack rehab crews that can get these turn overs done in time and on budget.3.

I have just enough to complete everything, but don't want to strapped for cash in case something unexpected happens until I can finish renovating and get the property cash flowing again. 

This assumes the market rent for the unit I will be moving into.My goals from entering real estate are 1. add diversification in my investments (right now heavily invested in stocks) and 2. house hack, so that tenants pay part of the mortgageIn my current market, I have two options: a. buy older houses, renovate, bring the rent to market --> this will cashflow, but needs a lot of time investment which I don't haveb. buy turnkey properties: --> renovated and already occupied by tenants but may not be cash flow positive.I found a property that's type B.

If we are able to get a property under contract what is the best way to find cash buyers.

Improving your terms or not cash out on some of that equity to reinvest?