New to the business but learning quickly in small town Midwest

[Caleb Dwiggins]

Good day everyone, I'm new to BP but reading a learning a lot. As such my wife and I have a SFH that she owned before we married that we now rent. The property makes cash flows with about $210/mth extra. My question is in the purchase of our second SFH and since this would be our first real purchase I want to be sure I'm looking at this correctly. Please find the information below and please let me know if anything is missing or if I'm totally nuts.

Thanks in advance I'm looking forward to seeing everyone's posts.

cd