It's in Mississippi I think. I haven't signed the NDA so don't know the address.
Cash purchase of real estate is NOT worth it. The math doesn't add up. 300k property - Lets say $2300 rent (very generous estimate), 92% occupancy, 1.5% real estate taxes, 1% maintenance cost,
So revenue = 27600 minus vacancy = ~25000 per year
Expenses: Taxes - 4500
Insurance ~ 1500
1% annual maintainance cost ~ $3000
5% of revenue towards capex (roof, windows, and large items) = ~1500/yr
Property management ~ 10% ~ 2500
So back of the napkin math says $12000 net profit on a 300k property. That's basically a 4% return. Lets add 2% appreciation, so 6000, then you're at $18000 on a 300k property, so 6% return if you add a 2% average appreciation rate. This is assuming everything goes well, you get a great rent, a tenant that doesn't trash your property or stop paying.
6% cash return is not worth it. Putting your money in a treasury mutual fund currently yields 5% risk free. I'd rather take risk free treasury return over a cash property. You need leverage in real estate to make any real money. Otherwise the math will never make sense.