What is the house worth today, how much equity do you have in it and what is your market rent amount on the home.If you are not experienced your estimate on cash flow may be wildly off the mark.

He's as wild and crazy as they come, but there's no doubt he's the real deal when it comes to cash flow rental properties.  

The person that purchased the property was a Chinese lady that bought it within her trust. 

Better question, how does the lady feel about it?

When I had my STR inspected to get a license, they sent out a non-building inspector lady.

A few years ago I had a disabled lady in her 70's.

Property taxes usually don't have wild swings from year to year

Here’s my take, while I agree that debt plays a large role in affecting your cashflow, regardless, if you were to pay cash for an investment of similar cap rates in an “appreciation” market and a “cashflow” market, wouldn’t you agree that your IRRs would/could end up wildly different?

Hey Friends -- It's wild to see how the market has changed so many agents.

I've done the Mid-west thing also, just be prepared for some numbers that vary wildly from what's expected.