One guy I've been with since he started, we have a running joke of it: Him: "I need to eat, is Sally preapproved yet?" 

An upping of property taxes could really eat into your returns.

My guess is, after mortgage, you will be cash flowing about $2000 / month then if not less depending on the terms he wants. that's about $90 / door / month cash flow. i don't own a complex that size but i believe most investors here wouldn't touch it unless it was $100 / door. but if you two are fine with that, i would seek out any family member or friend that would loan you the money, just realize you would have to pay them back with interest, that will eat away at that $2000 making it less.

This could eat into your cash flow.

I always use my right hand to eat.

Yes, dues and assessment can eat up your cash flow, but you also (again, in a good association) are getting something in exchange for the dues dollars such as management, insurance, Cap ex, all exterior maintenance and repair, landscape/snow, common area care, etc...

Its been a slow winter and we are moving to a new office that is eating up lots of my cash.

For fun I go to this great karaoke bar in my neighborhood, belong to several social meet-up groups and try to at least one thing a day I can only to in Hawaii, to make sure I appreciate living here and don’t get too lost in the normal routine of working, eating and sleeping.

.), which will more than eat up the $16k you have left to work with.

I'm an agent- I know my numbers - the wholesale deals I review - they don't.Some quick examples...they forgot to mention in the estimate that termites were eating up the back wall?