Hopefully Bynum will be healthy.

If the HOA due is reasonable and healthy(no anticipated increase), it sounds like a reasonable investment. 

My attorney suggest us to demand seller to complete oil tank removal prior closing the property to protect us from potential big ticket repair cost if the soil contaminate or someday the town mandatory request all property remove oil tank.    

My point was that I still see a lot of people struggling in what is supposed to be a healthy economy.What do you think of the economy and where it is headed?

That does not mean we use upscale finishes in our student houses, but they are more energy efficient than other houses, healthy, clean and in good repair.  

Got a neighbor to come over with his tractor to prep the beds, brought in good soil, etc.

Providing specific information is unecessary to pass along principles and concepts.Personally, I learned to establish some healthy boundaries in this area and I don't share the really good ideas with just anybody, in part because I had to expend time, money and energy to learn, and because I've learned the hard way that people don't appreciate information unless they are in the right environment and have invested something into it.

What all these numbers show is the market is not dead nor is it brilliantly healthy.

If your actual cash flow is positive and there are unlimited oppertunities then it could be argued that cash on cash is the more important meaure but since knowing actual cashflow is only possible in retrospect it is important to have healthy cashflow projections.I consider cashflow a safety net. 

As long as there is healthy cash flow to cover all expenses plus the mortgage, you are fine.