In my opinion, those are the two most important financial statements you'll want to track.In addition, if you're going to be doing multiple projects (or holding multiple rentals) at once, you'll want some way to project cash-flow, as (in my opinion) not property forecasting cash-flow is the biggest threat to the success of most new investors.

How much power are you forecasting to create with no money down and a power team?  

Perfect weather year round.

I did it for the weather.

One problem, taxes work out to be 3x property for investors, insurance are high because it is on the coast and susceptible to weather.

The weather in Florida isn't so great you want to work for nothing!

Over the years, I was able to weather both the financial crisis and Hurricane Sandy while keeping my rental and generating monthly cash flow.

Been there, done that, and we don't drink so our nightlife would be a movie and dinner.I want pets (cats, maybe a pooch) that can be allowed to spend time outside when the weather is nice.  

Typically, a roof would not fall under this safe harbor, however if you are in an area that experiences extreme weather conditions, you may be able to make the case that you have to repair your roof or do a total re-roofing at least once every ten years. 

December and January seem impossible especially if there is snow on the ground and/or bad weather.