As many of you know, that was a very good time to buy in FL, and now I find myself in a good position to make a move.

I've normally already had the title search done, so I am in a fairly protected position even without the insurance.

Im glad to see someone here is positive about L/O's.

21.In the event any action, suit or preceding is instituted to enforce any provision contained herein, or to recover possession of the premises, or to cause payment of any sums due hereunder, Tenant(s) agrees to pay all costs, expenses, collection and attorney's fee, as additional rent, either expected or incurred by Owner/Manager to the extent permitted by the Washington Residential Landlord –Tenant act.

Is it cash-flow positive??

My goal is positive cash flow.

But, (big big but) if all I'm ever doing is breaking even I'm only generating equity, but not positive monthly cash flow.

It's not until I put down $182k do I get a whopping positive $7 per month.

Kind of to "all cash"'s point, it would be "easy" to get this to positive cash flow, but you are not taking into account the "lost opportunity" to make money from the equity!

They are very well positioned, but I think he's waiting for someone else to pull the trigger.