Property condition is also obviously a factor. 

My question is if my mortgage on the property is say 350 and it's renting for 550 won't I technically be negatively cash-flowing due to the probability that the 40% cushion initially factored into the deal will probably cause me to have to put a small amount of money in monthly?

The split varies depending on different factors. 

Is this a good deal.What numbers play a big factor in the success of this deal. 

I have a military relocation professional designation so I am comfortable dealing with unique military situations. 

. $200,000  Loan Amount $180,000 (20% DP) 5% interest for 30 years.Property DataCurrent Market Value $200,000Tax Assessed Value $174,390Tax Rate 2.3%Current Market Rents $1500Seller made first 5 years of payments (The amount paid off in these 5 years shouldn't factor into my cash flow calculations, correct?)

.- Logo designed and color palette chosen for consistency and professional look- Facebook and Instagram biz pages put in place- I am a graphics designer and created templates for coming soon, new listing, etc online ads using chosen color scheme- Website created (no IDX due to no money :-) )- Door knocking on 100 doors and left flyers I designed.

There are many factors at play, but it seems many eyes are turning to the Philly rental market, not to mention us local guys with the connections.

I'm now a licensed real estate agent with Exit Realty Metro (MN) and Homestead Realty (WI)) I am by no means rolling in cash (and proudly enjoy Sports Clips haircuts and obsessing about airline miles for my vacations) but real estate has helped me catch up on my retirement savings and provides a nice second source of income, which helps me stress less about taking on as many clients in my day job (or charging those clients a ton of money).My day job: I’m a political consultant that has managed campaigns, led field programs, designed trainings, or consulted on over 50 campaigns in 18 US states and 8 countries.

"If part of your plan is to live there let that be your deciding factor first.Tampa is a bigger city, more things to do, more amenities.