So if I refi three and buy six more - than I lose about 3K in cash flow and only add 2400 in cash flow from the newer places. 

Totally stressed out when starting out, but everything worked out and I repeated the process a few times since.

I only know about the times where this was found out prior to closing, obviously I have no way to know about the times this shady behavior wasn't found out.Since you get a vote in who this tenant is, and it's retail, PSA that commercial lenders (especially the ones offering the best terms...) are starting to vet deals by how 'recession proof' the tenants are, even if they are currently paying on time.

For example, there are quality oceanfront homes for sale (as of this post) starting in the $650k price range. 3/2 slightly dated, but walk down your private stairs to the sand.

Hi Everyone,I am starting out in Tucson, AZ and looking for a property to flip. 

Does anyone have any good starting points to start learning real-estate investing?

Luckily my newest and largest property only took three months to complete all majors repairs and for bookings to start filling up consistently.Do you have a mortgage?

I found a great agent to work with when I was just getting started with this method.

In the event you miss calculated your equity potential, you should be fully ready and able to settle the transaction or be prepared to lose your initial deposit. 

Sometimes Airbnb guests find it unusual, so you may lose some potential bookings with the requirement.