That's not including the unit that her boyfriend would be occupying (and any cash he might be contributing to the place on his end) or the store front.

Because of another deal I am financing I dont have the cash on hand to do the deal and while I have the equity to do a HELOC, I do not want to apply for the Heloc until my current deals funds. 

I’m curious do you allow your tenant to pay in cash?  

It's a pleasure to be a part of the community and appreciate any and all tips and help I can receive.With that being said I'm looking to begin wholesaling in the San Antonio/Austin TX market and currently looking to meet and work with cash buyers that share similar goals. 

Are you looking for more cash flow or appreciation?

If you look for something higher that the $200k, you would have to come up with some cash out of pocket.

We all joined STR because of the cash flow, so why would anyone choose STR over LTR if it doesn't flow.

I can definitely tell you there's still a lot of positive cash flowing and 1% rule deals and you get amazing appreciation.

Cash on cash is low, the irr is higher, and the car rate looks decent.

Lastly, renting by the room is a nice mix of increased cash flow and long term appreciation.