Quote from @V.G Jason: Quote from @Jay Hinrichs: Quote from @V.G Jason: Quote from @Jay Hinrichs:  ya again the cash flow is everything and I dont care if it appreciates or I dont expect the property to appreciate..

HI we are Canadians investing in the us we  invest in Detroit and toledo where we have great teams on the ground including trusted property managers who take great care of our properties.

Pick careful if you have college students when you move out. 

As far as ESA animals, you cannot charge a fee, however, tenants still need to abide by rules as far as caring for their animals and the property.

It’s given me the opportunity to save and prepare for my next upcoming purchase.I’ve gotten the units from $750x2 and $800x2 to a consistent $900. current mortgage is $2500 monthly, refinancing to a conventional and removing mortgage insurance should bring me to $2100. 

There are a handful of gulf front complexes that still cash flow positively but you need to be very careful as to which complex you choose as not all complexes and especially HOA's are created or managed equally. 

But unless their businesses are structured very carefully they're no operating in the clear. 

I've seen you post a few times about 70% max leverage but 75% is widely available, at lease with non-conventional 30Y DSCR loans.  

This could lead to a huge tax bill and penalties.Think carefully before you do this.Good luck. 

Be careful of some of the lending requirements that may ask what your intention of the purchase is.