I got some cash in hand which i can either put in a high yield savings account or use to pay my current mortgage and then cash out when i buy the next home. 

For instance, if the condo community is 17=20 years old, as you mentioned, there's a very high probability that you are not dealing with cast-iron drainage plumbing.

I can share what I think is the recipe for success to select an investment that delivers high ROI.

It isn't insanely different from regular deal but it is also great not paying high fees for a DSCR loan.

Low quality tenants, and high vacancy usually follow…..

The cost of entry is low while the cash flow is high.

@Graeme Harris This is going to very highly by location and their rules.

That’s reallly where I like being, I rather buy 100 doors at $200 per door, than 10 for $900... get decent cashflow today, and the wealth tomorrow type thing.We buy dozens of SF units each month in one arm of my real estate business, which can include the low volume hard rehabs, or high volume turkey style properties.At the sametime I’m also investing my cash into MF directly myself, or via syndications. 

My partner works in finance and I have been managing high-profile construction projects for about a decade.

Look at most mid to high-end appliances these day.