You should have filed in April,, now your looking at End of May.. or early June for court date and you'll lose all or most of June rents also.. she's used up her deposit you don't have it any more and she's eating up rent money every day she stays..Glad you filing and Good Luck. 

Like they said a new roof could be 10k and will eat into your CoC return.

Zana Blue I was thinking commissions and other closing cost would eat our profit up if we sold it at a discounted price.

PMI does nothing for us.My wife and I got so frugal, we didn't eat out much at all.  

One other thing you could consider is buying two properties to eat up the entire amount.  

I would be interested in hearing more about what you have to say on the subject..I'll share some of the things I see the big time developers do when they build a zillion houses, or condo units, at once:One of the games the big time developers do is sell off the crappiest lot first to "set the comps" and then they gradually go up in value until the final one, on the nicest lot, sells for the highest price possible.They also often kick back a chunk of closing costs to work with their preferred lender because, like you, they are time sensitive and don't want to waste two or three months with a buyer that isn't truly qualified & is now asking for yet another extension that you've got to eat the carrying costs for.

There some unique issues with our MHP, we are adding many new homes and renting them up, that is eating a lot of managment time and effort.  

My gut tells me cash and liquidity is ideal, however at what point does PMI and higher rates eat up the benefit of having more cash on hand?

So its not so much the down payment that bothers me (I can cover that) its the amortization which eats away at the cash flow.

The issue Im seeing is the turn over is constant causing us to have to remodel or put more money into units more often, and repairs are eating up the initial money allocated for this monthly and we have to use our profit to cover it therefore money isnt building.