Kokomo got hit stupidly hard years back and is on the steady stabilization (though I personally don't feel good at it ever really coming close to recovering anywhere what it was in the 90s). 

Year 2 should raise the rates and hit 95%+Other areas I’ve seen as low as 50%.

your current agent is a dip*hit... find a good one!

We hit the year mark in February so I have already marketed the property and am generating interest to support this assumption.

For the last year I have been listening to all things BP'S, read a ton of books and even completed my first deal but I want to learn even more and feel like I've hit a plateau.

I missed my opportunity for reinvestment of funds using 1031X (couldn't find a suitable property) and now I'm facing a $60k hit for the sale.

If anybody from here is located in Prague, please feel free to hit me up, I would be interested to talk to you and your experience. 

I comped houses with similar square feet and found theres enough sq feet for 2 additional bedrooms, potentially hitting the 352k range. owned the property for a little over a year, with a 50k downpayment. original loan = 333kfinanced = 281kcurrent value = 340k (according to his loan officer)Ive ran it through the usual 70-80% formulas but wanted some extra opinions/ weigh ins before i send him my offer. of course i dont want to insult him, being family and all, but he understands the convenience factor im providing.

@Steven EitreimYou hit it on the head. 

But most people start hitting DTI limitations around 5 or 6.