I am currently in contract with a relatively new single family home that looks like might produce some cash flow or at least break even the first year according to the property calculator. 

-Sam born & raised in the area, also as far as leasing agent, we’re not like New York or Boston, you should be fine just leasing directly through Zillow.

We are purchasing 1.39 acres of land and plan to utilize a workforce housing ordinance through the county to reduce the required lot size to fit more houses onto the land. 

As one who got totally hammered in the GFC if I was not with my Banker of 30 years I would never have come through that in tact I would have been like many of my peers and had to reorganize ( code for file BK).

I just want to have all information down before going through with this. 

The problem is that filtering through bad ones is just as much of a time waster.

That cap applies to all mortgage debt against the home.Thus, for a $200,000 home, the most that you can borrow through mortgages is $160,000 (0.8 x $200,000).

Single Family Residence that is already cash flowing.

Include the vacancy rate too, because it provides insight into potential risks and cash flow. 

other, higher cash flow strategies are higher risk or more hands on or both.