You will have to pay tax on the depreciation recapture and gain on sale (if applicable).

I recently bought my mother a mobile home on a lot cash in Corpus Christi so she will not have to pay rent.

It turns out a 2nd of my 11 investments in FTF has stopped paying and they are trying to foreclose on the property. 

The things you need to watch out for are the price you pay and how leads are distributed.

This is the off loading most are seeing now.

They had no lease in place, but have been paying on time. 

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

However, it’s usually the borrower’s who think they’re somehow paying more interest, not the lenders who somehow feel they’re receiving less.  

If not, she will eventually find a new place, stop paying rent, string you along, and then move out in the middle of the night leaving you with a vacancy, past due rent and most likely a mess and damage to the unit.  

The benefits to using available cash to fund multiples investments as opposed to paying all cash for one investment seem pretty self explanatory, but the largest benefits...especially in real estate...are likely the ability the spread risk across multiple investments and the ability to make multiple investments in a shorter period of time, allowing your cash flow, equity, and ultimately potentially your net worth to increase at a faster pace.To answer your question about traditional financing directly, yes you can obtain a traditional mortgage and put a large cash down payment down, essentially financing 'part' of the purchase price.