Those using cash to purchase real estate do not prioritise returns so the question is  "what is their motivation to choose to invest in real estate" when the end result is buying, as opposed to , earning income/cash flow.Are they naïve investors, do they not understand the value of money, simply do not care or are they so far beyond their comfort zone that they are not capable of investing.Are there better options for ultra conservative personalities looking to hoard cash.

Let me know what you think as oppose to SuccessorData.Mark (N-CA)Sac/Placer counties....

Some lenders, like myself, will lend with no minimum credit score, and will underwrite the terms based primarily on the merits of the investment property itself (as opposed to the borrower's credit profile). 

The plumbing for 4 unit might cost $6,000-$8,000 for per unit cost of $1,500-$2,000.3) One siding/exterior to replace/maintain vs. 4 for SFHs4) Taxes for 4 SFHs combined will be less than taxes for 4 unit (at least in my area)5) One tangible asset to manage vs 4Benefits of investing in 4 SFHs1) Tenants responsible for all utilities2) Tenants responsible for lawn maintenance and snow removal3) Generally, tenants tend to stay longer in a SFH vs an apartment4) More exit options vs 4 unit.

I am not opposed to the idea of investing somewhere else in the US (outside of Dade or Broward county FL).

There is a huge misunderstanding of what CF means today, as opposed to years, maybe even decades ago in REI. 

Cash flow and BRRRR are not diametrically opposed.

Car ports are usually designed to be outdoor spaces, usually with siding or some other exterior surface on walls.

My definition of, and how to manage a good tenant, as opposed to a hobby landlords definition and management are at opposite ends of the spectrum.

Have any of you chosen to build a multi-family property as opposed to buy one?