Don't be afraid to look at other areas surrounding Raleigh such as Wake Forest, Durham, Cary, etc.

Also to your point of the day care and company car, I think that's valid and I would add that it it might also look legally like a home office - she still maintains part of the house for her personal use (to store cleaning supplies and linens)., Interestingly enough my mother's best friend runs a day care out of her personal apartment in NYC.

After you save for taxes, car maintenance and unexpected surprises, there is not enough in your bank account for you to feel like all the time you're spending in your car is worth it.

After jumping in I can truly say I get the same (or better) high from playing with real estate instead of cars, and it is pretty safe to say my worst real estate deal will come out better financially than a destroyed race car.  I

Atleast that’s what guys say who are from Cary , North Carolina 

My son's car is in the driveway.  

I am in Cary but spend a lot of time in Durham.

The well-used car is going to nickel and dime you month after month.

Also, any student loans above the new loan rate you'll also want to roll into the mortgage, but you won't want to roll in any of the lower interest rate debts.My biggest gripe with your post is the 22k car.  I

Here are the affluent zip code gross yield, for the nation's most demographically dynamic MSA: Indianapolis IN pop cum growth 30% , gross rental yield 10.6%Houston TX pop cum growth 41% , gross rental yield 8.6%Dallas Fort Worth pop cum growth 38%, gross rental yield 8.4%Atlanta GA pop cum growth 34% , gross rental yield 7.8%Orlando FL pop cum growth 45% , gross rental yield 7.7%Des Moines IA pop cum growth 29% , gross rental yield 7.6%Charlotte NC pop cum growth 40% , gross rental yield 7.4%Jacksonville FL pop cum growth 29%, gross rental yield 7.4%Phoenix AZ pop cum growth 41% , gross rental yield 7.0%Raleigh Cary NC pop cum growth 60%, gross rental yield 6.7%San Antonio TX pop cum growth 39%, gross rental yieldNashville TN 40% 6.7%Colorado Springs CO 30% 6.5%Denver CO 29% 6.4%Charleston SC 36%, 6.4%Greenville SC 56% 6.4%Provo Orem UT 55% 6.2%Austin TX, 60% 5.6%You should note that local tax and insurance is much higher in Florida than other states so that 3% to 5% more needs to be deducted from gross yield to compare to other states such as Georgia or North Carolina.Be careful that properties that have no appreciation potential should have proper capex baked into the numbers.