What is the logic in holding Adjustable Rate mortgages (ARMs) and Balloon rates in a rising rate environment?  

Once 80% of the building was sold, the taxes were adjusted - and tripled from the original rate!

Do they receive any income or does it all go to the repairs until paid off then it adjusts?

If every bank won't lend on it, there may be a common thread you can pull to help you adjust your search criteria.Good luck and happy hunting!

This means we can adjust the above math to now look like this ($34,168 cash flow + $14,088 principal portion of your mortgage payment – $39,090 depreciation).

Either option is fairly time intensive and there are a limited number of people that would do it.

Ideally including FCF, IRR, ability to enter current rent and expenses and then apply adjustments for a projection.  

Granted, I am versed in how to adjust the iphone settings and edit appropriately (something you can research). 

After taking the time to talk to or personally guide a respectable number of people in their twenties, I have come to find that firm, direct and accurate information can really adjust the reality of how real estate can be acquired and used to their best advantage starting with property that sets the tone for a much more profitable and rewarding future.Everyone understands the concept of paying rent, so to begin with a great opening question to our real estate student is, “How would you like to collect that rent as opposed to pay it!”

If you would ever start doing this for a living, you could adjust your strategy to have a lower risk.