This will have considerable factors as well.

In addition to being a successful businesswoman I have a background as an award winning interior designer/ home stager, licensed private investigator, Florida Realtor and sales / marketing expert.

There will be ups and downs and market swings based on both internal and external factors beyond our control but I expect your home will continue to outperform inflation rates.

While designed as a cash flow strategy, it feels like any real upside would likely come from long term market appreciation. 

Rents are $17,700  with tenants paying their own utilities and total costs are $12,030 including the mortgage payment.(10% management $1770, 5% vacancy factor $885, maintenance $885, lawn care  $900, 10 % Cap ex $1770, Payments $5820)This leaves $5670 dollars a year in cash flow for a ridiculous 56.7% cash on cash return! 

. : I'm new to performing notes, but if this is the case, depending on the risk factors of performing notes, this may be a very good investment.

If the only way you can afford a property is when you have rental income, you can't afford it.Without looking at a specific property, they can only tell you how much you can afford without the rental income.The biggest factor is your monthly payment vs your gross income.Lenders look at two ratios: living expenses and then total debts.First ratio - Total living expenses (mortgage, property taxes, home insurance) vs monthly gross income.

It is designed to protect the innocent and as a byproduct, the guilty get some extra time. 

If you were to find things wrong in the inspection due to these factors that would cost a lot to repair, the seller may be willing to go down on the price.

That is an X factor that you can't really predict.