Flood owner's insurance is practically  a business in itself, there is a great video by Jon Oliver on last week tonight detailing how this works, I highly recommend it. 

Also, for me, the calculators are extremely useful not only for finding out if a property will work but also just practice.

If you want a practical translation I would say buy a quality property in a quality neighborhood you know and feel comfortable with and you will do good, both on CF and appreciation.

I just always like to see monthly expense numbers so I can always be practicing running the numbers myself like I did with your financing numbers!

Again, I don't intend to be a nay-sayer; I'm just new to this and don't see practical, repeatable, consistent ways to find 20% discounts on properties -- please fill me in!

Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney.

Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney.

@Gerardo Dominguez @Cesar Rebolledo: Yes, I'll go and if they don't make me sign a non-disclosure I'll definitely come back to the thread and share some insights.Though I'll practice saying "No" before I go.

In theory, yes it is possible for rental income to be sufficient to satisfy lender income requirements.In practice, this typically only happens after you own a few solidly cash flowing properties.

If they are not licensed they wont get that practice on a daily base.