Instead, the % of rent needed for capex should decrease as rent increases. 

I know my cash flow will decrease to due years amortized, but am I overthinking something here?

@Andrew McCotterAgree with Joe but I’ll state it in terms of ROE because I look at number *and* percentages ;-)Take the formula for ROE:Return on Equity = Net Cash Flow/Total Equity InvestedFinancing will reduce your net cash flow by the amount of debt service which decreases ROE.

You wouldn't want to buy into an area that is declining rapidly where the tenant quality is decreasing along with the area.Bureau of Labor Statistics: Current Employment Statistics (CES)The Current Employment Statistics (CES) program produces detailed industry estimates of employment, hours, and earnings of workers on payrolls every month.

I should add, for any American readers that properties meeting the 1% rule in my area are extremely rare.My question is what can I do, in terms of refinancing or otherwise to decrease my monthly mortgage payments to a level where I can gain a cashflow on this property?

Hey @Joseph Schommer, If you are interested in moving out of the Bay Area, then house-hacking could be a fantastic option for you to decrease living expenses while also increasing cashflow.

Dora, Eustis,  and Tavares and from what I can tell the cost to purchase properties out there compared to the Orlando area are way lower than that same comparable rent decrease.

The reason i went the route to find an agent to find a deal was to decrease some of the stress of doing it on my own but i feel like if i did not have a buyers agent, I would have done this deal better.

Exceptions would be if you have a strong strategy planned for how to increase your income or decrease your expenses. 

Jobs also stable but no big influx or big decrease - I'd like to know why everyone seems very bullish on the area given it's relatively high crime etc.Any local knowledge or insights would be great.