Correct, but principle & interest can be shown as Other Expenses and reduces net profits.2) Be aware that purely passive income PnL does not carry back to the 1040: it is self contained on the Sch E form. 

Anything after 28 months is pure profit. 

I'd like to, but I'm afraid this incident with Nationwide, which, by the way, comes complete with a threat to cancel on purely trumped up grounds, will blackball me for anything but really high rates.

I decided to change my mindset from a business purely designed as one to make money to a business that was going help families.  

We have some individuals with "non profits" here who are pure scammers.  

Now I know what assumptions can do so I could be wrong.Is this for a pure investment at 30 years?

We than supplement this strategy with pure properties to buy quicker.While these houses numbers don't work as well as pure investment properties.

Live in one side for a little bit because you can't use the VA loan to buy property purely for investment.

We than lived off one salary and saved this salary/rental income to buy pure properties. 

Originally posted by @Christopher Brainard: Purely based on the formula, a higher Cap Rate means more projected NOI, which means there is the potential for more income and a better deal.