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.

This will also give you a chance to get multiple quotes and find someone ideal, for you specific situation.You may make a connection with a GC that will do amazing work for you since you built that relationship.

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.

Some of the reasons I'm considering on making the jump into this area is because they are steadily continuing to develop at a crazy rate, it has good highway access, the neighbors are cool and the location to the shopping center makes it ideal.

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's not ideal but no purchase is usually better than the wrong purchase. 

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

Personality and attitude all factor in as well as the hard facts of screening.....credit, income, employment, landlord reference, and multiple personal preferences.