They talk , leave messes , eat your food , bring over people you dont like   etc 

I am trying to cut down on my expenses though by making small changes like eating at home instead of going out, skipping some trips w/ friends, etc.

Legally you can not have your cake and eat it too.

The upside is that you won’t have the stress of having a mortgage to eat revenues and stress to ensure that the rent clears before the loan payment does.

AND will eat into future cash flow when we rent out this property. 

It's both sad and pathetic to see so many people who have 30k in non-tax deductible Credit Card debt eating them alive and can't show 10k in some sort of savings! 

I was told by my mortgage guy today that It would take 6 months to clear for traditional refinance so that is going to significantly eat into the holding costs.  

The numbers above seem to make you a competitive buyer in the current FL 2018 market so I will actually buy something at that price with a 12% interest hard money loan, get it rented, eat the negative cash flow for during the seasoning period, and ultimately refi through a regular bank down to 5%.I will list the property addressI will list the bank used for refiI will put up my deal analysisMy property management search infoMy experience as a hard money borrower (Disclosure, I am a partner in the lender I will be using, but for this project, I will pay full freight as if I was a beginning borrower)I will put up all my expenses on the projectWhy should you pay attention to this thread?

Those capex eat away at the profit quick.

You have 5 systems and if one goes it will eat up one year's of cash flow pre debt/tax. 2.