That is why Im looking at doing the whole deal cash only, since financing would bring high carry costs.

Manage Your PropertiesProperty Management: Decide whether to self-manage or hire a property management company.Maintain Cash Flow: Keep track of income and expenses to ensure positive cash flow.8.

I observed the vandalism damage with my own eyes, then I wrote him a cash offer, but I offered him like 20k and he didn't take it.

Texas does have some general HELOC and second loan cash out restrictions with many lenders..Check in with @Joseph Chiofalo for specific guidelines. 

Purchase price: $171,000 Cash invested: $34,000 Bought a 2 unit as a househack, living in the upper and renting out the lower unit.

I play Madden football on my Xbox while I do the elliptical.

You think everyone just stock piles cash for RE?

But imagine you don't pay cash but rather borrow so your 5k cash/closing-down payment to buy a 100k STR, then in year 1 it rises 2k - only a paltry 2%, but you make a 40% profit as you are levered 20:1, and that beats the best year for stocks ever. 

Purchase price: $34,000 Cash invested: $16,000 Procured an investor for this deal and I live in the house while I’m fixing it up.

when you have 2 or more people with good credit the income and the assets/saved cash can be used.