Alexandra,Tampa is a great place to live and its rapidly growing in terms of population and new construction.

We guided the mother-son team through making an offer on a short sale, a process that took almost a year but was well worth it.

In terms of cash flow, it’s definitely possible in the Midwest.

I'd like to brrrr and hold long term and it don't make sense for me to do it in my market due to high cost of homes.

As I have begun to push back more, I have discovered just how many professionals take short cuts, over sell and under deliver and/or convey inaccurate information. 

Both units are rented as short and medium term rentals.

Together, we negotiated favorable terms with the seller, ensuring a beneficial deal.

How can I ensure that our payment method complies with the loan agreement terms and the bank’s requirements?

How big of an issue are maintenance requests from residents in terms of time, cost and resident frustration? 

Loan amount: $135,000 - $40,500 = $94,500Using a mortgage calculator, we can calculate the monthly mortgage payment:- Principal and Interest: - Loan amount: $94,500 - Interest rate: 5.5% - Loan term: 30 yearsUsing the formula for a fixed-rate mortgage, the monthly payment is approximately $535.89.Next, let's calculate the monthly cash flow:- Monthly rental income: $995- Property taxes and insurance costs: $101Monthly Cash Flow = Rental Income - (Mortgage Payment + Property Taxes & Insurance Costs) = $995 - ($535.89 + $101) = $995 - $636.89 ≈ $358.11Now, let's calculate the ROI:ROI = (Annual Net Income / Total Investment) * 100Annual Net Income = Monthly Cash Flow * 12 ≈ $358.11 * 12 ≈ $4,297.32Total Investment = Purchase Price + Closing Costs = $135,000 + $5,500 = $140,500ROI = ($4,297.32 / $140,500) * 100 ≈ 3.06%So, the monthly cash flow on the property is approximately $358.11, and the ROI is approximately 3.06%."