Depending on the state the properties are located in, some lenders will let you pull 80% cash out during the refinance process as long as the property meets a 1x debt service.

(last reahb i used 17 piers on a 1,100 SQFT house.. figure that ).

@Sharad Bagri There should be no requirement to be accredited to purchase a multi as long as you have the requirements met to get the loan.

It is common for many auctions to get called off at the last minute because people will file a court paper to get the auction stopped.  

Lending would cease over night and government bailouts would commence.In my area of NE Ohio we are considered disaster free and generally we do not have any of the catastrophic issues that other parts of the country do... welp until last week when three tornados rampaged across three counties ripping down trees, power lines, roofs, siding, and putting over 500k people without power for a week - some still don't have power nor will they until all the trees are removed from the power lines. 

I bought 3 rentals in the last 3 months from the cash I pulled out.

As collective investment so far only in Madrid, but we've started last month.

Potentially "flipping up" once or twice between now and then, eventually retiring to the property, or selling to acquire a retirement property there.I'm an experienced, long-time licensed agent in Atlanta and have done many fix and flip deals in the Atlanta area, but really don't have any experience with STR or MTR, especially in Fl. 

I manage both long-term rentals (LTRs) and STRs, currently operating seven STRs, all of which are profitable.

Thank you in advance for your time and wisdom.Kind Regards,Jackson We've been brokering for the last 5 years and are now direct lenders.