But I would be able to use that cash-out (~$50K) for a new down payment on another similar rental that will cash flow about $300/month (so I'd consider a $150/month/rental net cash flow per se; but would have 2 properties). 2.  

I moved there from SE Florida in the mid 90s.

Couple additional thoughts on why I like it and will continue to invest in it.https://www.biggerpockets.com/blogs/9145/70861-top...https://www.biggerpockets.com/blogs/9145/54155-sel...I'm playing it a couple ways through single asset plays in markets I really like (i.e Atlanta / SE) and in investment pools that own several across the country in high growth markets for more instant diversification. 

CALL JEFF @: 239.699.9668.305 SE 32nd St, Cape Coral, FL 33904Asking: $362,000Incredible 100' Wide canal with sea wall and dock Gulf access canal view!

I'm a residential wholesaler in SE Iowa, a die hard Hawkeyes fan, a drag racing fanatic, & a very blessed father of 3 awesome children.After buying several books & courses without any results, I almost called it quits.

There is a good contingent of people from SE Michigan to interact with.Sounds like you have done a great job with your finances thus far and are making a good plan.

I don't know about the "UConn Market" per se, but I know that the town of Mansfield is VERY strict as to who can rent what, how much and where.

The bank may or may not see this as a 'short sale' per se.

Hey Everyone,My name is Cris and I just wanted to introduce myself to everyone on this forum. I am looking for investing in rental proprieties in Westland/ Livonia Michigan area. I have lurked here in the last few wee...

I live in SE PA so if you need anything feel free to reach out and hopefully I can help!