If you have a 30-year note, I would think you flow should be considerably higher even without amortization etc.

That said,  have a considerable amount of experience in asset-backed finance.Because of this background, I have gravitated towards the notes space.

But that job and income, was not of consideration by the lender.Instead of the 2% rule for maintenance being in cash, I would require a line of credit should any maintenance issues come up too soon(Which I technically have this line of credit but I wasn't planning on utilizing it for this purpose), vacancy would not be a major issue.I'm still waiting on a few phone calls, but I am asking for some advice. 

However, I would think the fees would take a considerable chunk of this. 

Yes, you will be paying a premium, but as you mentioned, with the profit margins in the city, you can make much more and complete fewer projects.Now with that in mind you need take into consideration costs.

I of course would look at all the pros and cons, but wondering if I should take the interest rates into consideration in my analysis. 

But it also has provisions for if you do not close and the worst that can happen is you lose your option consideration.

However, the hoa dues often cover certain maintenance items (roof, gutters, siding, decks, landscaping,etc) so you won't need to necessarily take 200+ /month in maintenance cost into consideration.

(office fee, technology fee,realot.com access for listing, etc)They have a great training program so I  would have to take that into consideration but I have really been thinking about  checking out some other brokers in the area before I made my final decision.

Thank you in advance for your consideration!