Fort Lauderdale has higher purchase prices and nightly rates, but Pompano has had an influx of investment and continues to improve, specifically by the beach. 

If you pm me info I can give you more info and contact for the license board. 

Check their occupancy, nightly rate and amenities.

Im self employed, roughly make $130k gross anually, 1099 NEC , no debt at all, 740 credit score.  Want to get a loan for $250k in AZ

In 1972 the 30 year mortgage interest rate was 7%.

As Vince said it is a quick guideline and won't work in most places with current interest rates and house prices. 

Instead, he wrote a threatening letter (first contact since closing) and demanded thousands of dollars. 

Attitude and professionalism are paramount; product knowledge next, and then there's your contact/follow-up systems.Put that together, price-test against the market, and you'll have a sustainable, constantly expanding, and very profitable venture.Good luck! 

Well if you ran realistic conservative numbers for maintenance, capex, vacancy rates, rental income, etc then you don't really need cash flow do you?

I don’t really have an interest in House hacking if long-term rates are $700 a month incl utilities for a bedroom.