This will affect things like required down payment, rates, and even which lending institutions would be willing to finance. i encourage you to look up warrantability for financing just so that you don't have surprisses when your 20% down buyer cannot finance that way.

If I knew I could break even every month, I would go for it.

I have been reading the online resources about getting started, searching the market, and even doing tours, but I am hesitant to jump in and buy a house as I have quite a large amount of student debt.

I even worked at a movie theater for one day.

I've been surprised at properties that have passed conventional financing though...and even FHA....also, one could present 2 offers to seller--one for a cash offer and one for seller financing (at a higher price of course). 

There are plenty of other markets you can stay legal in and even turn a profit.

I guess they can feel blessed they weren’t crushed and sent out of business by the rampant theft that forced closures of even larger and well funded grocery stores in Detroit, Chicago, LA and NYC. 

Your always right even if you're wrong.Let's check next year if we made more profit or if our Occupancy% declined. 

But even still, 31% cash on cash isn't bad.

Fixing and flipping in Florida is hard enough these days without making it even tougher on yourself.