Throwing a win win situation to the table, what if we meet for a beer I share all I have learned and you tell me the secret spots to visit in the island?

You have money left over in case something else comes up and if you paid cash, I'm going to guess you still have a healthy cash flow after your expenses making it is a great return on your initial investment of $50K.Option 3 would be off the table as I don't think things will change that much in 3 weeks.

Sort of like giving another guys girlfriend a foot massage - Pulp Fictlon

@Matt OberskiAlso to more directly answer your original question Always have more settings than possible guests. 6 table settings for 4 people.

But after my agent and I started to review what I need to bring to the table, it appears I need another $5k for closing costs, inspection, etc.

With the first route, you will have to bring something to the table if it is not the bulk of the capital.

The biggest complaint you might hear is that you overpay for a turn key and leave equity on the table.

I have to come to the table with 34,000 and the lender will provide the funds to rehab which I will not use so I can pull the equity out of the home during refinance.I have used the calculator and not sure if the numbers was accurate. 

Consider finding a partner who can bring the entire purchase price to the table so you can use your funds for the rehab, especially with your background in construction - you should be able to accurately predict and control for construction costs.

@Joyce Jackson I have no doubt that some Section 8 landlords charge a form of “under the table” rent.