On $120,000 @ 70% LTV for an investment property I can finance $84,000 (unless someone can point me to a lender that will do 80% LTV for a 30-year fixed rate cash-out refi on an investment property).Therefore;Investment: $73,341.45 + $25,000 - $84,000 = $14,341.45Income: $1650 x 12 = $19,800Expenses: $6,891Mortgage: $84,000 @ 4.875% = $444.53 / mo = $5334.36 / yearCash flow: $19,800 - $6,891 - $5334.36 = $7574.65ROI = Cash flow / Investment = $7574.65 / $14,341.45 = 52.81%Now obviously this might change depending upon what happens, but I feel I've given myself a comfortable cushion to make "newbie" mistakes on this deal.

My wife has to be comfortable with downside risk or no deal.I love the idea of keeping the thread alive with updates.  

But, this is a major decision and I can see how some technical analysis or insight would provide some comfort in your decision.

After the all the research is done, It always comes down to comfort level for me. 

If the property will comfortably carry a 70% ltv, take the money out and go shopping.  

So, here I am a new investor with a long path to cover and business plan well designed with the niche that always caught my attention since I was a child and knew Real Estate exist, "Buy & Hold".

I think we could live a comfortable life on $25-30K a year, not counting a paid off home…so that is my goal income…with anything extra being a bonus.

If not, find an agent YOU choose and feel comfortable with.

Most people under estimate the ARV.I develop investment models where I over estimate costs and under estimate revenues, so that if the model says it should work with these conservative assumptions, then I'm comfortable because this is really the worst case scenario. 

Issue isn't just that she does not have time, she does not feel comfortable supplying her financial statements out.