I actually just did a dscr loan to pay off the hard money I borrowed on the second property (where we live and rent the actual house) I estimate the appraisal to come in around $215-280K which if I were to take out 80% would barley give me enough to buy anything in the FL market and have cash left over for renovations.Not sure if im missing a step here or if it might be best to buy an auction home with that cash to flip and have more capital to have more deal options. 

How many years will it take for you to earn $125k AFTER taxes as a landlord if everything goes perfect?

Let me know if I am missing anything for the process.This is going to be all cash deal.

Purchase price: $50,000,000 Cash invested: $50,000 Limited Partner Syndication

My insurers reimburse me for what I didn't use; it can take a few weeks for the check to come, but that's just cash flow management then.

Hi,I’m from NYC and starting to look out of state for good BRRRR and/ or good cash flows.

Here in OK, investment in general has really picked up, including an influx of cash end buyers.

I'm buying all cash, no loan.

A rental, bought all cash, is going to cash flow and let you learn the ropes and make some mistakes without being overly burdened financially.  

That can happen if you buy a home that needs a little TLC or renovations and after the upgrade the new ARV might put you at that 85% LTV or lower, possibly even be able to take cash out.As a first time home owner you can use FHA 3.5% down or Fannie Mae 3% down (single family).