I am concern about losing the home and not being able to pay off this loan because I cant get the information.  

Being frugal at this point is only going to cause you to lose out on some great deals and those homes will be worth more faster in 2025.

Summers in FL are hot and when an AC goes down tenants lose it.

Will a property cash flow day 1, maybe not unless it has a huge down payment but if your goal is to hold it for 15+ years you should not lose out, especially if its in a good area (which goes back to location location location). 

@Atul Mohlajee not sure who your attorney is, but three of our attorneys approved our automatically renewing lease that requires tenant to give proper Notice so it does NOT auto-renewal.Michigan law also allows any length of Notice requirement, ours is 60 days.That aside, a judge can rule however they want, forcing the losing side to go through an expensive appeal process.Regarding the 1.5 SD, they are legally allowed to deduct any damages, then apply the rest to outstanding rent.My opinion is that the PMC should only be able to charge:1) Rent + lease utilities until a replacement tenant is found (Michigan statute)2) Whatever the lease contract states

if you buy something in a random out of state market where you don't have a team or a network, and use 100% borrowed funds, which is what it sounds like you are proposing, you will lose money.those funds seem like they're free, but they're not. 

They are almost always guaranteed to overpay for properties and lose money in the end.

@Tiffany Makiya- you wont want to refinance your priamry home and lose the 2.875%  rate .....I would suggest  getting a heloc in place for  as much as possible to use for your remodel and funds to use in your  investment plans ...... see what the highest  heloc  you can qualify and obtain .....many heloc lenders have  max limits on helocs  like  200K  250K some  are  higher

Too many landlords lose tens of thousands with common mistakes due to lack of education. 

By listing and renting on the OTA’s like AirBnb and VRBO you never lose the ability to occupy the property because they are not facilitation a legal lease agreement.