I paid cash, with the idea of pulling it back out, and so far, so good, but I will tell you my range has been 65-100k all in, and they just barely scrape the B- neighborhood rating. 

The complicated logistics of it make me feel like just biting the bullet and selling the properties to get the equity out of them to use for BRRR or to buy and apartment would be the best approach.Refinancing to get the equity out is an option to but the properties would barely cash flow at that point and the properties attract difficult tenants that are a hassle to deal with... not worth it for the low return in my opinion.Loving the great feedback from the community on this!

And this is where my career is, so I can not move away.So I'm not quite sure how to proceed...1. buy a property that barely cash flows after all expenses, but I am living in it so I'm no longer paying rent to somewhere else2. or just wait until the market "softens"3. rent forever, look elsewhere for deals and investing...

Additionally you need to keep the equity in your properties at a bare minimum either with or without a LLC.Down side of a LLC is financing issues and additional business costs.

Equity left in the property gets no return but you also get barely any return from your cash-reserves in a money-market account.

Health care can barely keep up now.  

But just wait until he feels the heat of that afternoon sun baring down on his house.  

Bare minimum, I pay off the CC and improvement loan before I do anything else. 

First one had the income, but just barely, and since he worked for the schools as one of his jobs, the summer was going to be a problem.  

However two bedrooms were in the basement with ceilings barely over 6ft.