I appreciate the feedback!!

Any feedback is appreciated, both on the high-level numbers, and the general area of the city.Thanks in advance.

I am not much concerned about appreciation at this time as long as I am cash flow positive in excess of $150/mnth.

You should consider that the moment you start a business you will be subject to self employment tax which is something like another 15.6%Are you assuming that owning a rental property automatically implies you will be cash flowing positively because that is something you have to make sure of and there is certainly no guarantee about cash flowing positively.

When you use your money (cash flow and personal income) to pay down any debt that the tenant is paying (thanks to positive CF), you are adding to what the property costs YOU. 

View report*This link comes directly from our calculators, based on information input by the member who posted.Heyguys can you please give me some feedback on these numbers.

I will keep you in mind if our position changes. 

I have a remodeling plan (convert for a SFH rental that I would like to get feedback from an "affordable" interior design/architect. 

I've heard there is an appraiser in my area that will possibly only use the income approach with this but I haven't used him before (this being my second deal) so I'm not positive.

@John Woodrich we do have a positive migration