Quote from @Andrew Boston: Hi Bigger Pockets Fam,I paid cash for a home March 2024 that was uninhabitable and am just now getting around to rehabbing the property.

I have invested $0 since I cashed out 2 times.

If they’re so hard pressed to preserve cash, why is the retreat in Puerto Rico?

My first reaction to your post is if you're purchasing assets that are throwing off positive cash but your DTI is going up then it may be time to re-evaluate the type of assets or the expenses associated with those assets.  2.

With the amount of support they provide I am not against settling for an 8/10 deal. 

I figured if I get a decent deal on a turnkey property that has at least 3 bed 2 bath I can prob rent for 2k a month give or take depending on the amenities and make decent cash flow. anyone else have any experience with renting single family rentals in this area?

I threw it into the cash flow calculator and it said it would either even out or it willl have a monthly cash flow of around 300$.

I want to be able to do a cash deal to get a lower price and avoid all the cost that go along with a lot loan, fees, points, etc.

A 12-month lease means stable cash flow, fewer turnovers, and minimal involvement, especially if you use a property manager.

Here’s a breakdown of the main ways investors fund their first deal while minimizing their own cash outlay:1.Private Money & Hard Money Loans– These lenders focus more on the deal than on your personal finances.