Sounds like the theme as always is doing your homework. 

Every time I do a DSCR based loan on a condo I just get so bummed out to see how much people are cutting the HOA every month and doing the math on what it compounds to over the life of the investment. 

I'd like a sanity check on my math.

Im in NC and sales are boomimg , I just do not want to loose money by lack of bad math.

I then did the math - looking at my worst-case scenario until I can refi with a fixed rate loan.

In my experience the most powerful demotivators are usually the people closest to you, or authority figures, because you listen to them more than you listen to strangers.A gigantic, life-changing demotivator could be a teacher who says: “You’re no good at math.

@Zachary BellinghausenLooks like you have a lot of homework to do!

Have your agent call and do some homework. 

Do the ROI math on a mortgaged property vs a non-mortgaged property.

Let's run the math.