We were approaching our finals weeks at our University and our lease was coming to an end - so to save us the stress of trying to find an apartment in the middle of that (we had a very limited budget,) they offered for us to stay with them for a month or two for free.

I’m always interested in learning how to maximize my efforts.

You'll probably have a slightly higher rate, but you'll maximize the cash-out and have your private lenders interest paid off.In the meantime, go to every local/regional bank/credit union and see what they can offer.

I do have some reserves but I’d like save for rainy day funding and to be able to show that I have some cash assets to lenders.

Which can save at least $500 a month, if not much more, that can go to paying the inflated rents here :-)

Hi AllI have funds saved up that I want to use as a downpayment on a SFR.

Wow I was about to give up I live in Broward and it’s nice to see that it’s opportunity still here I’m just starting out, I’m saving about 20k to at least get a subject-to deal going you guys really motivate me keep it going brothers!!

I would plan to live in one of the units as a means of saving money.

If you don't you need to save more property and build your emergency savings.

@Mao Pmn Looks like you only budgeted 3% for vacancy, if it were me I'd up that to 8% which would give you about 1 month's rent saved up every 12 months (1/12 = 8.33%).