@Shamar Seaforth, if the goal here is a airbnb or vrbo, you may be out of luck for san diego.http://www.sandiegouniontribune.com/business/touri...I'm thinking it will be difficult for you to buy and have it cash flow otherwise.  

If you had a 30 year note, your loan balance would be about the same. 

We'd be pulling out $397,500 and paying down the previous balance on the home of $209k.

Mortgage brokers in Atlanta can be very incompetant and some banks and credit unions can be very difficult to deal with, so just looking for some suggestions.

@Shawn Coverdell   Everyone is talking how easy it or difficult to use QuickBooks and what you should do.

There's lots of things that impact a short-term rental's performance and value that won't fit into that calculator, such as how many it will accommodate, does it have a view, proximity to attractions, are the roads difficult, etc.  

Right now there are very little distressed assets, making this time in the economic cycle a difficult one to find great deals, and especially with foreclosures. 

If the fence has been there for a while and you are just now learning that it is on your property, you may be in for a battle difficult to win. 

As everyone knows, it's been difficult to find good deals on multi-family these days.

They are just a little more difficult to find in markets that have made a big run.Having said that, I grew up in Illinois and have lived in both Chicago and Dallas.