@Luke Anderson, she won't be bought out.

@Nicholas Anderson there are loans that will allow you to cash-out refinance based on the cashflow of the property (along with other factors; credit score, assets, LTV) and not income.

@Craig Anderson, as @David M. mentions, the classic example given (which is often the exact #'s you are using), I think is provided to introduce the concept.

Thank you @Harold Anderson,Water is definitely an issue as well (no pun intended).

@Teague Anderson that's great.

I'll have to try and keep people like @John Anderson  from taking threads off the rails.

John Anderson It doesn't matter what you do but you will never be 100% protected from a lawsuit.

@Noah Mencia - re: Anderson advisors - yep!

Best of luck with your purchase and pass some of that luck this way I've had a hell of a time trying to get a second facility in my portfolio.Regards,Josh Anderson

@Clara Anderson For Mid - hight appreciation, I would look at Tampa Heights, Ybor and Wellswood in Tampa.In south Tampa, lots of fixers uppers are 3/1 block built in the 50s but your entry point will be in the low 300s at the very minimum.