Also, make sure you're including relevant vacancy, maintenance and capital expense reserves in your cashflow analysis; not just debt service.

Currently, I'm in my third owner-occupied property and am looking to refi next year or will be requesting PMI be taken off at the two-year mark since the loan was sold to Freddie Mac: https://new-content.mortgageinsurance.genworth.com...I've done some analysis and depending on the type of loan, PMI can be treated like additional interest to determine if you should seek alternative financing.

"Is my deal analysis off?

Assuming the analysis was based on full occupancy of paying tenants, the numbers don't work out.

I finally became a member January 2017 but Brandon’s webinar on 90DAYS in April (last month) got me going - I became pro shortly after his webinar.

Does anyone have any suggestions on what analysis I could do to verify my if my idea of using the townhome as an equity vehicle is feasible? 

I have always been interested in real estate as I watched my grandmother manage several properties as a child, but while here I finally decided to take the leap and get things started on my own.

Aside from title insurance and possibly a survey (I only get one if it's questionable as to where my property line starts and ends) you will need to get a final water reading bmso that the water and sewer is zeroed out at the closing.also make sure that the house is delivered vacant at closing.

I'm working to refine my property analysis spreadsheet and am having trouble figuring out what to estimate for water/sewer for the Chicago market. 

I am in my final steps and will be finding out if I’m cleared to close tomorrow.