if you only do negative cash flow for few hundred bucks and your large income is good enough and you plan to keep the house for ten years, then this is not an issue after all.

After calculating everything, I found that in the first year cash flow would be cash flow positive by ~$250-$300 based on the expenses provided.- 20% down, 7.5% rateI question if there are things I'm overlooking with this being potentially my first investment property.

I underwrite a lot of deals for others, including creative deals, such as subto, seller financing..the first of all, you do need to know if that's cahs flow @ 6% under their asking price.

Investment Info:

Townhouse buy & hold investment.

Purchase price: $220,000

Cash invested: $50,000

Both as primary residence in down market. Resided until 2018 and have rented since.

I personally love the Cleveland market for its cash flow.

The max Uncle Sam allows is 50k if you haven't taken a TSP loan in the last year.I've seen both good and bad experiences with this but at the end of the day it's no different from any other type of loan, you are just your own bank in a sense.The downside or risk is that you lose your job, your property isn't cash flowing, are unable to pay back the loan, and your retirement account suffers since the loan essentially turns into a withdrawal.The upside or best case is you have the loan for less than a year, your BRRRR pays off the loan, and you pay yourself interest 5% interest.The opportunity cost is if the stock market goes up 20% and you were only paying yourself 5% interest you'll miss out on the excess returns. 

There's the "Cash Flow" game from the Rich Dad empire.

Considering how much the area has appreciated, it may be tough for your friend to cash flow with current interest rates. 

The option must be accompanied by consideration. 

Are you cash flowing the property?