As you pointed out, you haven't yet discussed all of the expenses you would expect to encounter, so I expect your finally NOI to be even lower.

your going to encounter problems trying to place a property under contract that's already under contract with the Realtor. always seek to have the only contract with the seller.

I don't agree with most "wholesalers" because the few I have encountered are acting in bad faith, illegally brokering without a license, get properties under contract using deceit, and often victimize the homeowner.

Thanks for your response @Robert Sepulveda  I believe that's what I encountered with cash-out refinance financing.  

I've not yet encountered a circumstance in my markets that required more than correctly done repairs and paint.  

Every time I wanted to quit my coach would say "You may encounter many defeats, but you must not be defeated.

Has amypne encountered this type of notice.

You have a good chance to eventually encounter one of these (Where my units are it seems to be about 50% have service animal certificates).  

It has helped me with so many questions and issues I've encountered with our rental business.  

Should you encounter hard times after buying your home, the FHA has many options to keep you in your home and avoid foreclosure.Let us know how it goes.