So I am nervous that they are just going to be going up- there is some talk from the association that they will be enforcing the 80% owner occupied rule when the neighborhood gets to that (its literally right next to a military base so I don't think that will be more than 2 or 3 years.

His down payment and cash to close number is literally a negative number, officially on all the closing paperwork and everything, nothing sneaky at all.

I built enough macros that I literally killed my job.

@Russell Brazil Great to know the Maryland market is flush with opportunities to get into REI.

I literally run the numbers and calculate cash flow on multi-unit properties all day every day, and I don't think I've seen a property in the $800 cash flow range ever, unless you have literally no mortgage payment.But regarding your specific questions: Anyone who tells you "stick to the nice neighborhoods" or "I like the Southwest and Northwest, go with those areas" is either not experienced in investing in profitable rentals before, or is Scrooge McDuck rich and doesn't care much about cash flow.  

I am literally starting from zero.

Later, when the LLC's bank account is flush from incoming revenue then you can pay back the owner loan or reduce equity by reversing the contribution.

The man that worked with us was named Phil or Philip, but I think there are literally three Philips in that office if I understood him correctly. 

So literally the first applicant who meets qualifications needs to be offered to sign the lease.

He literally calls at least once a week about a problem.