When you and the buyer have an agreement, take the signed offer and their check for the EMD to your title company of choice and open escrow.

Her first choice housing option opened up.

Success is a process, failure is a choice

The choice is either to buy and risk all your egg under one tenant or reduce your risk and hope all four tenants stay. 

I've heard a little bit about cash out refi, not sure if that'd be a smart route, Ive read about all cash buyers doing this after they purchase a property and get it ready for rent.  

I realize most people do not have the luxury of purchasing outright a property and financing is their only choice…but even in that choice what are the optimal level of maximizing cash flow by altering your down payment percentage?

We have had mixes success with that but it is always our first choice.  

Assuming the rents cover your expenses, in 30 years when you’re in your early 50s and the mortgage is paid off, and you’ve done the smart thing by raising the rents over the years, you will be sitting on a multi-million-dollar asset that cash flows thousands of dollars per month at the cost of a measly $20k or so out-of-pocket when you were 20-something.

Thank you for that advice...That is a great choice LaShawn! 

Smart move having rental property in SC....Who knows, you may end up moving here one day.