Add another $300 or so for taxes and insurance and you're at $2465 PITI. 

Bonus - the interest on the loan is tax deductible!

The units are all currently occupied right now, so we won't have to worry about the buyer's market right now haha.With the cash flow I will receive, it will be enough to take care of property taxes, insurance, and enough to save up for any emergiences with the unit that I will need to take care of, so no need to worry, I got you :)!

You want an investment that pays for itself, including mortgage, taxes, insurance, maintenance, and even some money set aside for a reserve to cover vacancies and capital expenditures.

No problem.. what I did with my ridgeland and Madison rentals and I had bought 12 new builds for the Gozone tax bene's post Katrina..

That will show what proposed tax increase you will see.

The data they pull from the tax records on how much a home last sold for, often not updated, or completely wrong.

Tax-wise, profits are taxed at your ordinary income rate, and frequent flips may subject you to self-employment tax if classified as a dealer by the IRS.

Worse case I just continue to manufacture them through my fix-n-flip business and buy with seller financing where available.Also, is tax lien investing really viable today? 

Low barrier to entry, low taxes, landlord friendly, some amazing class A and B suburbs and a strong urban core.