Here's what I'm seeing for PITI: Mortgage - $580 (at 5%, 30 year fixed) Prop Tax - $140 Insurance - $60Then for VRMT (T for taxes covered above): Vacancy - $93 (5%) Repair & Maint. - $185 (10%) Prop Mgmt $185 (10%)And last, Cap Ex. - $278 (15%)Summing all of the above monthly expenses is $1520This is giving a monthly cash flow of $330.

But on the note of acting quick, I have definitely heard more than once that you really can't afford hesitation or fear of evicting.

I’m pretty sure that there are a number of drivers out there that hate the little silver sedan that abruptly yanks over to the side of the road...Sometimes I forget to signal - if I have scared you, I am sincerely sorry.It’s just that I have moments of brilliance (or so I think)… and I can’t afford to let them slip into the Bermuda Triangle that is the back of my head.

Affordable housing is a huge issue in Orlando, and it seems unlikely that rents will continue to rise at their current rates.

We found couple options that can help us afford our first property.

I was surprised at the price of housing; even units close to the university were affordable.

And I'm living for free so that's an extra 1500/mo in my pocket until I can afford to get my second property.

@Larry T., for many CPAs, the fee for a business is directly proportionate to how much activity is going on in the business.  

I live in SW Florida and, while there are affordable properties just north of where I live, I just don't know if there is a large enough rental population in order to get the "best bang for my buck".

The building I live in in LA has been stuck with AT&T for a long time and I have download speeds at 13mbps on a good day for $65/mo.