If the cash flow of this property could get me beyond what is needed for my cost of living, my current W2 may not be a requirement, and I could make use of my Realtor's license in Indianapolis instead.

Just need cash inflows, cash outflows, and discount rate.

Operators - If you plan on doing the STR yourself, you will need to shell out the cash for this but only if you are renting out additional addresses on your property.

Also, I have about $8k in cash and no debt at all! 

As long as I'm cash flowing, then I just slowly raise the rents over time.

One problem - I used all my cash fixing up the place I have! 

Purchase price: $176,000 Cash invested: $53,968 Sale price: $220,000 Want to share my first flip, project.

If credit is good and you have a ton of cash, then you should buy. 

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

Purchase price: $100,000 Cash invested: $50,000Off-market Fix and Flip in Pocono's, PA.Purchase Price: $100,000Est Reno Costs: $50,000Est ARV: $290,000My partner and I found a beautiful but outdated Chalet with great bones.