If you can get it dirt cheap somehow and maybe flip it, then you could profit. 

Monthly payment is 1900 with a 6.5 rate and would rent for 2500.posted in another group but realized it was the wrong one Hey Keith, I've helped other clients do this sort of thing - vacating a primary residence and then pull out cash to purchase another property elsewhere.

Then, check to see what a market-rate rent would be for the units. 

It's eating away every bit of cash flow from the property and then some.Both units currently have baseboard heating - which I've heard can be on the more expensive side of heating options - but I'm not sure if this amount is realistic for the area, or if there is a better heating option that I should look into for a reasonable cost.

Use a bridge lender that is okay with gift funds or Gap funding, then refinance at 3-6 months once it is fully ‘seasoned’ 

Plus you will then possibly be forced to comply with local building codes.

You have to pay fees, but you'll have a professional handling issues instead of bleeding money trying to figure it out for yourself, then you have your time free to pursue other things.

In your case, you are probably better off buying a break-even deal in Tampa then a deal with $200 cash flow OOS.

Are you trying to replace your salary then you can’t do it.  

Then sat still except for a subdivision development which has a long lead time.Just bringing on line as a 75 acre country subdivision.