Rentals create cash flow, and that's what we want as real estate investors, but you need cash on hand for unforeseen circumstances.The AC needs to be replaced, that's $7K to $10K or more depending on the size of the house and if you have one rental, it will eat all your cash flow, same to replace a roof, etc, or if tenant trash the home, you need money to fix it again.To me personally a nice rental portfolio that is healthy consists about 10 units, so if you have an issue with a house the portfolio can cover the repairs and still healthy, but when starting you need to have cash on hand just in caseYes, there are multiple strategies you can use to hack your way to buy your first rental with minimum cash, but I would start wholesaling or fix and flip a few deals to create that cash as fast as possible

Hi Latif, I will be the first to say that I'm relatively new to this, but have spent the last 6 months deeply educating myself through local RE investing clubs, Fortune Builders, BP and other blogs and podcasts, and many books.Generally speaking, the only house I'd recommend paying down is the one you and your family intend to live in for the next 10-20 years.

Hi folks, I am trying to buy a quadplex to house hack for my family.

I'm turning the corner on getting my house ready to rent. 

Purchase price: $260,000 Cash invested: $80,000 Sale price: $380,000 Purchased this house from the family of elderly lady that lived there.

I want to wholesale at one house in 90 days. 

Lack of housing in the town.

It did have a first mortgage of theirs open on it, which they have not made payments on since ~2014, just 6 years after the house was built.

Added a power boat and rented it along with the weekly house rent.

When I have similar issues I try to remind myself that they are good problems to have and I am blessed to even be a housing provider.