I have a buyer with certain amount of cash but doesn't qualify for bank mortgage.

Do cash buyers typically shy away from investing in 55+ communities or is this not a barrier? 

Probably cash flow or break even often requires 30-40% down. 

Tampa, Orlando, Miami, Broward, Jacksonville and their surrounding areas are all booming right now and can be great long term hold plays that still will cash flow if you find the right deals.

So, if you buy a property in a cheap market for $30k cash and invest $30k cash to rehab it and then it appraises for $80k after rehab you can refinance out your entire $60k investment and hopefully have a good cash-flowing rental. 

There may be tax advantages, cash flow, and other benefits.

Purchase price: $1,900,000 Cash invested: $2,450,000 The building, “36 South,” is conveniently located next to the Sea Pines Circle and is now home to 48 employees for the Sea Pines Resort.

@Steve Riesteryou have to have cash to BRRRR. there's just no way around it.and are you saying it's about to be on the MLS? 

Ask yourself what you are looking for (cash flow, appreciation, tax benefit, etc).

If you plan to operate this product, you still need to have cash to bring to the table as well as enough liquidity for rehabbing (you can get reimbursed through draws, but you start out using your own liquid).