I had told him that I have done plenty of extensive research, ( I have even interviewed 3 real estate investors)  and I am finally ready to move on to down deposit mode.

I do not have the number of Park Owned Homes yet, we are going over and finalizing the last of the list details this week.

You say you would most likely have a PM yet you didn't include that expense in the analysis.  10% is average so that's an additional $345. 

My first analysis on all potential investments is at the asking price.

If I followed your reasoning, I think the final percentage should've been $9,286 (interest income equivalent) / $79,759 (Initial investment less principal mortgage payments) = 11.64%Am I understanding it right? 

Our Subcontractor Plumber finally got back to us this afternoon.

We finally evicted the messy tenant and the roach infestation was so bad we had to replace the carpets.I often doubted the complaints of some sensitive tenants till we treated a unit, my wife went in the next day to clean up the vacant unit a day later, and got pesticide poisoning.

I'll post our outcome when finalized!

Now finally, I really don't like the judgemental stuff in your post with concern to the way your tenant dresses, the car she drives and the haircut her kids have.

I have been looking at buying a house, but I read a post on BP about the cash flow and wealth analysis between owning, renting, and “home-hacking” in the long-run.