Factoring in the mortgage, I came out at $90.68 (526.27 Net Operating Income - $435.59 mortgage) as my monthly cash flow.So here are my questions:Am I correct in thinking that I can finance $100,000 to cover my cash in, and use the difference between the appraised value and the financed amount ($41,000) as the minimum 20% equity to stay in the property that is needed by the bank? 

Be aware and jump on it with safety net. 

That could be a great way to find and stay engaged with local investors, realtors and opportunities. http://www.biggerpockets.com/alertsLooks like you've already made some connections with BP members there in your neighborhood...You can also search for other investors or brokers in in Tacoma / Olympia / JBLM, and follow their journey on Bigger Pockets here: https://www.biggerpockets.com/search/usersBest of luck to you and look forward to following your success on BP!

Ain’t nobody got time for all that.I am by the book with my tenants, and stay professional (Dr/Mr/Mrs/military rank, in every communication - regardless of them using my first name).

I love that he emphasizes the importance of staying objective when analyzing properties.

Let's stay in touch! 

As the rental market stays hot the rates are increasing quite a bit year after year.   

He gives in once you push hard enough, and he's aware you've lawyered up.Also, never EVER use Maverick Investments https://maverickinvestorgroup.com/ We'd heard ABC might be a challenge, and so we chose Maverick because they said they'd have our back.

I'll connect with you on here so we can stay in touch.

My question is not Location specific, however I just wanted everyone to be aware with where I am located.