Buying a turnkey in cash

[Eric V Harding]

Been sitting on the sidelines for awhile and im prepped and ready to act.

Im going all cash on one multi-family property for good cashflow (which is my #1 desire). 

What are some things to look out for that buyers dont expect when taking this route?

[Simon Ashbaugh]

The biggest issue is having all your capital locked up, is it already occupied? if not make sure to account for finding tenants, and youll have to pay a leasing agent or your pm to find one. Maybe consider putting half of what you have cash as a down so you can buy more if something pops up