I want to keep it liquid because we are actively searching for another piece of real estate to purchase.

Many sellers of parks and apartments in my area offer seller financing but I'm low on liquid cash to invest.

I will have about $20k-$30k in liquid.

Needs some work but now i have no liquid left.

The Seller will keep it as Liquidated Damages for their inconvenience for you backing out and costing them time off the market while you were under contract.

I have great credit but don't have much liquidity beyond the building sale, and I'm not sure what the typical requirements (and/or recommendations) are for liquidity and cash reserves.  

Years later you what you are left with is a bunch of beat up homes that are difficult to liquidate, and if you do sell them you now owe all that depreciation recapture. 

We renovate properties helping homeowners sell their houses fast, helping new families buy their first home, increasing home values in the neighborhood in the same process, and providing a better ROI for folks with liquid assets. 

You want to stay as liquid as possible in the current state of market we're in.

I would still probably recommend a first time investor not jump into a market that is known to be volatile in an industry that is not liquid.