If you have three people renting together, combine their incomes into one to see if it meets the 3x requirement.However, nothing is that easy.

Ton's of people with golden shackles of sub 3% rates, epic net shortage, skilled labor shortage, on and on. 

Let people live.I answered his question!

I think the main thing people would point to as a red flag for Ocala is that it is not a large employment center like Orlando, Tampa, and Jacksonville and as a result may be more exposed to a pull back in values when there is a downturn. 

Multiple people including myself have tried to caution him of the the true costs but he's been repeatedly dismissive and has made it clear we give him motivation and he wants to prove us all wrong (whatever that means). 

But, had a number of people asking me to reply which resulted into a Ban

This is easy for some people that have lots of friends investing in passive real estate opportunities.

Working with me can very much turn into a long term engagement for the right people.

Either way, there are several people who make this work all the time.

I usually like to start it shorter to be safe if I need to end the tenancy, but I know some people opt for the longer 14-15 month leases.