Break even is more likely, but it would be tough to pay more for waterfront when it rents for just barely more than the house a block or two from the beach. 

They seem to have good loan options for multifamily investors but there is barely any information about them on the internet outside their website.

I fixed up the other unit with the bare minimum and house hacked.

We've found that we double our rent with MTR and barely ever hear from the people.

I can't say much now because a lot of this could end up in litigation, but man, there's nothing like REI to give you stories to share.Almost every day is an adventure, and most of them are barely on the edge of believability.

Please bare with me here...this is going to be lengthy and i apologize for sharing my life story but i just need help and direction!!!!

Your numbers are solid numbers for a deal, specially for your first deal, what you did is already 10x better than just getting a huge mortgage that you can barely afford on a nice big house just for yourself. 

There is no "material layer" like a laminate that could just start to peel...it just sanded down to bare wood.  

@Anthony Solis.

I have the equity in the property to cover the 20% needed for the loan and the DTI, but just barely.