I don't think you could use hard money for this--the numbers are too big and it would eat all your profit.

PITI does seem to be eating it up....

If you have one property, that could easily eat away any cash flow. 

Biking on the beach- it's having your cake and eating it too.

Creating numerous LLC's for a growing portfolio will eat up much of your margins at a minimum 800 dollar annual filing fee per LLC. 

On the insurance, it is only like $2/month so no big deal to eat that but on the property tax I estimate it could go up like 5-10% so that is $250-$500/yr.  

But he's military, so I'll cut him some slack, but not enough to be a pushover.The thing that strikes me the most....all the Trump supporters that are cheering that we have the best economy EVER.....best EVER...lowest unemployment....highest GDP ....blah blah blah..... but fail to open their eyes to see that a HUGE portion of our country cant afford to miss ONE or TWO paychecks...have ONE small financial setback without being on the verge of economic ruin....cant pay rent...cant eat..... etc etc..... so how is the economy the BEST EVER?

I've run 22 full marathons, I have a day job, a family, I eat lightning and crap thunder. 

It doesn't take much in unexpected renovation costs or high days on market to eat through $10K in profit.

One bad tenant can eat up years of profit.