If you believe it will continue to appreciate (like most of San Antonio), I would hold on to it even if there's a bit of negative cashflow for the first year or two. 

No one has ever even requested to see the bill but I have it there so they can feel better. 

Most places in SWFL already come furnished (even non rental properties) so it was already set to go.3.  

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

Hey everyone, Who here is looking to buy or even start their own cleaning service business?

The thread was intended to seek guidance on completing the deal, and even If I disagree with opinions I understand it doesn't make either side more or less valid.

Even then, I’m bringing in $81,000 a month.

It may even take a 3-5 years to get cash flow positive but if during that time it is cheaper to own monthly, than pay rent, you are way ahead.  

They talk to the tenant for you and do maintenance without you even hearing about it first?

That new owner then makes the payments to the lender even though the loan stays in that previous owners name.