@Charles Worth,Just curious as to why you think it might not end well.No investment is guaranteed to produce a return and all investment involves risk, especially the risk of loss including, but not limited to, the amount invested.

Whether a property can produce positive cash flow in the immediate or near term is a secondary consideration and not considered a deal-breaker.

And you want to know how long it will take for the bank to recognize the income that property is producing and use it to write you a loan.Immediately. 

There is a lot of free information on here and on the web that can at least get you educated a little more on real estate. 

Simply click on my name in blue then scroll down to REI Weal Builders and the web address of the group OR whichever LinkedIn group you're interested in.

Ultra-competitive, but it wouldn't be that way if the market wasn't producing.

You have to be comfortable with the income thtat it will be producing for you.

So in my mind I'm not taking a hit for 30K I'm taking a hit on what I know the 30k can produce for me! 

As another datapoint, I frequently check the web traffic of the big players as a proxy of popularity, investor views, etc.  

Web Developer checking in here.