The key there is "for the right price."

It seems you would be using it as a 20% down payment on a turn key ish property.

And, in my opinion, more importantly, the lurkers who never comment, now believe they have the "golden key" of information.As you already know, there is so much more to this, in order to stay out of trouble over the long term. 

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"? 

The cash you have on hand in liquid reserves allows you to focus on properties that "Are Not" turn key and could use a little TLC or renovation. 

It can be done but each situation is specific and would be underwritten to see the risk and what the exit strategy is. thats the key with shorter term loans - understanding what the borrowers exit is.

Your property manager will play a key role in this team, helping you maximize occupancy, maintain the property, and ensure tenant satisfaction.

What's key with this metric is it has to be taken in context.

So were talking turn-key NOT low class reno needed. 

The key to wealth is smart leverage and action.Luis Maqueira