Let’s say I bought a house cash.

It's easy enough for me to use myself and has a lot of other features that help me manage my rental portfolio and take more of the day-to-day management in house, like vetting tenants, collecting security deposits and rents and its other banking features.

As for cash flow, from sales; probably in year two and three which should match the timing for the housing  market to reset past bottom of market and on to the stable appreciation side again.

We use docusign to send a reservation agreement which essentially makes them sign the house rules. 

In consideration of Owner/Agent’s acceptance of Incoming Resident, Incoming Resident hereby verifies receipt of copies of all rental agreements, addenda and notices to resident (such as Lead Paint Disclosure Notices, Property Condition Reports, etc.).

So on one for instance the buyer wanted 8k of upgraded floors the house was 850k  I countered  OK on the floors but But buyer had to pay whatever fee the buyers agent wanted. or no floors and we pay 1% to buyers agent.. they decided against the floors and to allow their agent the 1% . 

I created The Ultimate Guide to Grading Cleveland Neighborhoods for investors to get an idea on what types of houses and tenant bases they can expect when investing in the varying neighborhoods in the Cleveland area.

I also have a Facebook group I created called "Coachella Valley Short Term Rental Owners" in case you are interested.

Part of what I do in developing Workforce Housing How did you find this deal and how did you negotiate it?

There is not a separate entrance to the basement, but the stairs to the basement are in a laundry room in the back part of the house.