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.

The company told us that warranties were almost pure profit.

A good idea would be to compare three scenarios from a pure numbers perspective :1.

I have only recently seen this market shift by investors being extremely rude on the phone when my intentions are nothing but pure and have nothing to do with buying their property.

With your five year advanced timeline, the market could be in a totally different state, in which FHA may make sense then but that's pure speculation.

Doing the math on a few properties I came to the conclusion that my pure cash flow would be close to break even until my PMI is paid off if I were to rent out both areas of the home however the pure cash flow isn’t that significant (unless I am being too conservative with what I can get for rental income which I think I am as I am a CPA and I like to look at conservative numbers).