Though they are safe and will cover you, binders are temporary and do not guarantee that your borrower will be approved for the final policy.

Your ROI is actually decreased!!!  

And if rates decrease low end properties like this may appreciate the fastest. 

Many people that have them have over stayed temporary visas and are here illegally.Third... 

You can however significantly decrease you monthly living payment if that’s the goal.

4-If in Q#1 the S/U increases by $15k, then our Cash on Cash Return ("CCR") would decrease proportionally due to having a larger denominator.

Now it's a long term rental.This area is ideal for mid-term rentals too, partially or unfurnished as well, since military members are constantly in need of temporary housing while they look for a house to buy.   

The tenant is temporary.

Is it a temporary stay for training/internship?   

can you see where Columbus is heading...my primary doubled in value in 3-years...it will double again in the next 5...same story with my investment properties...you won't be able to buy a home in Columbus for under $600k in 15-years...every structure in this city is valued at 40-50% of value...coastal Cali is beautiful, but the combination of the environmental factors and natural disasters and decreasing rate of affordability mean you're about capped...so, you become a city of working class poor that sell their soul to the devil to afford rent in shared apartment and a bunch of affluent self-centered a$$holes in McMansions...sounds awesome.