@Ben Rice As soon as you have to use "air quotes" to describe your plan I think we've hit on good ol' fashioned mortgage fraud ;-)  You're committing to make that your primary residence (for a period of time) and that's the intent of the FHA program.  

We lived like monks throughout school, eating rice and beans, riding our bicycles in the rain to class, traveling/sleeping in our Honda CRV for vacations, and working internships during the breaks to save for our downpayment.

This in the Pottery Terrace, above Jackie Rey’s.

One author I read (Patrick Rice) says when you sell, this fraction is the debt divided by the sales price.

Greetings from Lake View Terrace, California.

I'm currently reading Ira Wealth by Patrick Rice.

That said, I agree with @Kyler Rice - the 30's and 40's are far rougher.

@Michael Smith Galvin Realty Law Group in Mountlake Terrace.  

Sick and tired of saving all year eating rice and beans to buy properties lol.

I'm using...10 % before expenses for vacancy10% capex10% pm10% repairsIs that in line for the areas like USF, largo, Gulfport, Clearwater, Temple terrace, etc.?