My ultimate goal is to have $10k net cash per month from my long term rentals.

I purchased the home from an auction.Talk to a local real estate attorney to go over options (eviction, cash for keys, etc) 

Purchase price: $46,000 Cash invested: $38,000 Sale price: $68,000 Live in fix and flip, admittedly the cash for deposit was a gift, leaving me time to live in It and fix things up.

Can I take Curbio a proposal use that to market to an investor to purchase the home and how easy would it be to I guess “transfer” all the work we started with the proposal to the current home owner over to the cash buyer?

It is a little bit out of my niche so my question is what is the best way to get in contact with the homeowner of a distressed property to make a cash offer?

How could somebody smoke through that much cash that fast.

But it can be done and whether you'd do it, where, what kind of properties you'd buy, ... will depend on your objectives, financial resources, knowledge, connections, ...Also, opportunities can be very different from country to country and within the same country, as it is within the US.Financing could be different, when available, but a 100% cash investment can be more profitable than in the US, especially given the high interest rates.My best advice is to be clear about your objectives and narrow down your options.

Purchase price: $370,000 Cash invested: $55,500 Fun little duplex!

In 10 years, when you have a nice portfolio of homes and they're cash flowing nice chunks of money, you'll appreciate the amount of time, energy and effort you put into your business and will get to enjoy the fruits of your labor.When I first went to the cpa I've been using for the last 5 or 6 years and explained what I was doing, he said, he's heard it before.

and unfortunately, with rates and prices high, it has just gotten very, very tough to cash flow on long term rentals.i browsed a few other threads you started and it sounds like you already own your primary residence and are looking to get started in investing.