With a low mortgage of $1008, i was able to rent this property for $2400 effectively cash flowing about $1200 per month.

Sounds pretty low

Manufacturing plants and such don't particularly care about train noise.Third: given that a railroad track has an adverse effect on the price -- how is the price of this property relative to that?

Florida has been top of our list to invest in, however with what is happening with HOA fees climbing, insurance increasing and the new legislation for condo taking effect in 2025 we are going to sit back and watch for a bit.We live in Calgary and have been looking at Arizona and Montana as well, Montana is close for us.Sharing your contacts would be greatly appreciated.Thanks for the help

Sounds good man, I'll private message you now!

Russell when does this take effect ?   

@Mark Ross, It sounds like you live in a non-community property state. 

There are many ways to use this based on your own financial situation but from the sounds of it, using this 140k HELOC on BRRRR's repeatedly can be a great way to grow your portfolio and can keep recycling the money. 

Hopefully this doesn't sound more complex than I need it to be.

Your rent rate is currently $500 below market, but I am willing to keep it below market as an incentive to stay.Your new rent rate will be $1,650 effective June 1st, and I require you to take responsibility for the heat.