Just just assume here that no appreciation or depreciation for simplicity.I guess a better question, for those that have been at this a while, and I would especially like to hear from Hawaii-based investors, would you go the put down 20% and finance the rest, and try to get several properties for the purposes of getting feet wet quicker, or meticulously plan 1 or 2 deal, paying 50-100% cash upfront?

I am interested in wholesaling properties just to get my feet wet in RE.

I decided to get my feet wet with rentals to invest my money.

Getting my feet wet in Bigger Pockets.

The ungrounded circuit is not a safe situation especially in wet areas.   

So maybe try keeping the area wet and they won't like damp garden soil or maybe a mulch you can keep damp. 

When you rerun the numbers, you purchase price is going to be lower than $65k. 2) A few notes from the pictures: Basement looks wet ($5-10k to fix), water heater looks older ($900), roof repair ($1200), cosmetic updates ($15-$20k).

I once removed the carpet only to find the plywood was wet too.  

If there is alot of water damage to a rubber roof and the boards are wet then yeah you have to replace them. this is what will happen if you leave moisture underneathe with rubber.

If it's from above then installing an interior drain system will still leave you with wet walls and a continued water problem.