@ Neil Garceau,What i will suggest is for you to look for an Asset Based Hard Money Lender that does not consider income or Credit, underwriting is based purely on the asset and its cash flow. 

Expected net profit from sale: ~50kRent: $1,800PITI Payment: $930So even with conservative reserves (30% = $540), I can pure cash flow about $330 by holding. 

Even at 2% over 30 years that’s only 82k financed.This isn’t looking like much of a deal as a long term rental unless you are doing a pure appreciation play.

Make sure your do the numbers for when you move out and as long as it cash flows “PURELY” you will be great.

Stay near your work, buy pure investments in langley / abbotsford etc.Do NOT move out there, you will be spending minimum 2.5hrs driving each day.I have a rental in pomo, and vanc, 20% down on both, both cashflow negative.

We meet the 4th Tuesday of the month for pure networking. 

You would still be cash flowing great after these numbers but you need to include these numbers before you think the $1,170 is pure cashflow.

You could tell them that a lot of sellers decide that they like that pure cashflow, and end up wanting to continue receiving the payments.

From a purely investment standpoint, without a clear ability to make money, this isn't an investment.  

Go through my posts for the past year or however long I've been writing on BP because my posts cover subjects fairly extensively and many would work great for subjects at meeting.I've been to many REI, REIA and homegrown meetings and most are a pure waste of time because everyone talks about too many subjects.