I am currently running ads to rent out the entire property and will be able to bring in $500-$800 in cash flow after all property expenses and have received multiple application requests.

At the end, subtract the mortgage payment and cap ex reserve (depends on age of the property, but 2.5-10% of gross rent received) and arrive at cash flow.

So I knew he knew what he was talking about regarding cash flow and real estate in general right off the bat.

But if not BankofAmer, would another mortgage lender take on the 2 mortgages and blend the interest rates together based on my credit and possibly even cash flow?

Once it is rented the property will cash flow about $1600 a month which would be about 30% cash on cash return. 

It is still a good investment, as money continues to flow into the area.

If you hear that and wonder "How the heck am I supposed to find properties that cash flow well then?"

It is beautiful out there but are people able to cash flow their existing STR. 

That is probably a valid consideration.

Cash flow is great if you can get it, but it's the icing, not the cake.Consider that Denver has averaged 6% year-over-year appreciation for more than 40 years.