Those numbers look excellent and actually quite encouraging for this area, I’m surprised the rehab wasn’t significantly higher.

Hopefully it is encouraging to know it is definitely doable.

I was encouraged though to find some good deals out of town they are out there! 

I would strongly encourage you to spend some more time reading about and understanding this, as it is fundamental to borrowing.

I would encourage you to do some independent research on this as this info is extremely easy to access and will help you get started on a track of independent learning which is extremely important in this business.

This is a pretty complicated area and if it's anything more than a hypothetical I'd encourage you to work with a professional.

Working up the list, I've heard so much good information and the encouragement I get from these is immense.

@Drew Wilson The reason people are encouraging you to not pay the houses off in the manner you describe is because that method is thought to be capital inefficient.

Hearing stories like yours gives me encouragement.

I would just encourage you to chat with an experienced real estate attorney so you can see the risks you face - once you see that you can decide for yourself how much protection you would like to invest in.The only real problem with asset protection is that you don't know you need it until it is already too late.