Sounds like you want to buy something to hopefully retire to one day but essentially want to break even for the time being? 

Sounds like a bank might only interpret this as an act In estate planning.

Sounds like to me that the age old prejudice about pretty girls in somehow involved in this .

Sounds like you're well on your way to success in the field. 

Place is on the market for your price and if it sells, then it sells and if it doesn't then it cashflows.I think you are very smart for asking questions and thinking about scenarios, but based on what you've listed, assuming you've done all your homework and they accept you offer, it sounds like a good deal and I would be less worried about a worst-case scenario.Best of luck

That could be a great way to find and stay engaged with local investors, realtors and opportunities. http://www.biggerpockets.com/alertsYou can also search for other investors or brokers in your market and follow their journey on Bigger Pockets here: https://www.biggerpockets.com/search/usersAnd of course, be sure to subscribe to the podcast - so much great info there and also full of inspiration.

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

@Rich Czapkay sounds like a nice plan and I'm sure Texas will be much more affordable!

That could be a great way to find and stay engaged with local investors, realtors and opportunities. http://www.biggerpockets.com/alertsYou can also search for other investors or brokers in your market and follow their journey on Bigger Pockets here: https://www.biggerpockets.com/search/usersBest of luck to you and look forward to following your success on BP!

@Shelby Ek Sounds like the high demands go hand in hand with the best rates.