Simply achieving a 70-75% LTV appraisal and refinancing out your cash flow doesn't mean a profit will be earned. 

The cash flow you earn from rentals will likely be best spent on maintenance, unexpected expenses, and reinvesting in future opportunities.

Also, there are tax benefits that you cannot get with most investments, you can borrow 80% of value, while it still earns a return.

Your annual earnings will be $4,500 higher, even with a two-month vacancy. 

I listen to people who are doing what they are saying, with their own hard earned savings.

There are plenty of ways to earn community college credits that transfer to university.

Focus on getting your first property, reducing expenses, improving the property, and saving money by earning more. 

No commission is earned only a fee for their time and expertise.Typically sellers want to avoid attorneys to save the costs.

As a fellow Northerner, I tend to buy in the Southern half of the US for 2 reasons:1) you get much higher year-round occupancy rates in the South & it’s simply tough to earn a good ROI in the North if your place sits vacant for a big chunk of the year2) Culturally, the Southern half of the US seems to be a lot more accepting of STRs regulation-wise.

The longer the term, the the borrower's ability to pay and the more stable the payment history, the lower you can price the earned interest rate on the note.