In order to secure our FHA loan, we opted for a strategy known as "cash for keys," where we incentivized one set of tenants to vacate.

You will be negative cash-flow of $12,000 on an annual basis which has a negative cash on cash return.

Are you cash flowing the property?

I'd strongly prefer to have a cash-less payment mechanism though, ideally a phone or a card that you can add funds to with a credit card or phone, so that tenants aren't forced to use coins or cash bills.

My aim is to preserve cash and minimize the down payment as much as possible. 

I want to get the most cash flow possible to quit my 9-5

Hi Chris,You most likely would end up having to use a DSCR cash out.

@Gabriella NataldieTo make a strong financial future, think about getting more cash through side jobs or freelance work, cut down costs by making a budget, and use your saved money smartly.

My Idea is to start with fix and flips to make some “quick” profits and then use that profit to get into more long-term, cash flowing investments.   

LTRs are hard to cash flow right now.