Purchase price: $174,000 Cash invested: $16,000 Bought a single-family home in spring of 2021.

If all goes well, we should be cash flowing right away. 

It's a decent tool, but as Greg mentioned, I'd definitely plan for a worst case scenario and make sure it cash flows at the highest interest rate juuuust in case. 

I found really good deals and paid cash.

Many of my customers who are traveling nurses buy condos or townhomes in Florida as vacation homes, then rent them out when they're not in town.This system has proven to be very lucrative, as it allows them to service the mortgage debt and generate a good cash flow.

Just make sure to fully understand the loan terms, especially the interest rate and repayment schedule, so there are no surprises.2.Condition of the Property: If the property isn’t in really rough shape and you were able to get insurance on it using a 4-point inspection and wind mitigation, you might even qualify for traditional funding options like FHA, Conventinal, VA, a cash-out refinance or a home equity line of credit (HELOC).

Are there going to be banks involved, creative seller financing or all cash? 

PSA : Don't hire TRUEBOOKS they will cash your check and leave you high and dry. 

Personally, I think I would stack some cash for a year or so while I did this. 

Your cash flow is positive on paper, but how will that look in reality?