If an investor is buying correctly, it should not have any major impact over a long term hold investment plan.As you can see from the folks above, your cash flow is not good, so you would be making a speculative play here.

Many mortgage consultants sorely underestimate the negative impact on the credit report these events have.

How will this impact the coming months ?

The negative impact on my soul would be too devastating.

Trust me Nick I'm not to happy about it either, but sometimes with great change comes great progress, and progress is an opportunity for people better themselves and society.I just digg my feet in and brace for impact!

And I should shut up and get off the soap box, but, the US leads the world in so many ways, and one of them is extracting money from the masses.Is it any wonder when consumers slow spending that the first impact is on business, then on government.

Negative: ========= a- InsuranceThe insurance costs in Florida are higher as a percentage of rent then in most parts of the US, so return on investment is impacted negatively.1- You will be signing paper, lack of cash, so you are required to have insurance which is hard to get and expensive. 2- Insurance companies that will insure you limit the age of an insurable house (15 years or less is common)3- Roof age is limited to 10-15 years, regardless of roofer guarantee, so buying a house with a 10 year old roof means you are looking at an almost immediate new roof.

I also live in California and have properties in Texas and Alabama, My "day job" is a freelancing in the entertainment industry and I work out of my corporation so to minimize the tax impact I pay myself as little as possible therefore my DTI ratio is poor.

But add in the HOA fees, man, that could even impact these figures.Are there any threads on the impact of HOA fees on cash flow?

it means a lot to me that I continue to have an impact on peoples lives.