1,125/mo rent = +13,500/yr-1,125 vacancy-1,350 repairs/capex (10%)-7,960 mortgage (110.5k @ 6%)= 3,335/yr remaining for taxes and insurance, or about 2.5%Are your taxes and insurance incredibly low in Savannah or did I miss something on my math?

you may want to find out legally if you can send out an addendum to leases with a pet policy to all your tenants ( this way you are not discriminating) and let them know that as the owner that, that is the new policy.

HelloI am looking for a General contractor (licensed and insured) to help us with a flip for a single family in 21209 zip code.

Flood insurance kills cash flow. 

If you are set on buying downtown be sure to review your HOA policy prior to buying.

However I believe I’m paying mortgage insurance so my payment is around $1050, can possibly rent it out for 1200-1300 plus utilities.

Monthly mortgage is ~$1300 (~$1800 w/ taxes, homeowners insurance, PMI).

It’s too small to file an insurance claim (and even then, it may not be covered).

Required 2 years of W2s, tax records, insurance records, mortgage records, called my work, sent out appraiser, signed several docs + a notary to my house for final docs.  

With all expenses calculated (taxes, insurance, mortgage, PM (10% cost), Vacancy, and Capex), does it still cash flow?