I have questions about the fluctuation of this over time and how it effects the numbers overall.)HOA & projected maintenance/ongoing repairs are another 11%-ish.Cash Flow: $363 Overall, I'm feeling really good about this purchase & it's potential.

As petroleum prices sink to newly tested lows, expect the trickle-down effect to take a toll on the cities in Texas, Oklahoma, North Dakota, and fracking states, like Ohio.While Charlotte and Atlanta are both good investment locations in 2016, I believe it is safe to say that Seattle is going to take the cake in 2016.

@Paul MacInnisAround here it's not really cost-effective to build anything that small at the moment.Unless demand is up in Windsor / Falmouth, does it really make sense to build?   

My lease states tenancy is for residence only, no business of any kind, and no conditions that would effect my normal insurance rates.  

Truth is...I don't have time to allocate to doing those things and be effective (or perhaps in part because I'm lazy, sure).

If you choose to invest here, tenant selection will be key.

-How did you select a market to invest?

Are properties that are scheduled to be sold shortly at an upcoming tax sale, better to focus on, even though I have very limited time in which to make an effective direct mail response connection?

I like to get to know the people that I do business with, as I find that "who" you are has a greater effect on how you do business then "what"what you are or "what" you have. 

At that point you don't have any risk of the lender calling the loan due (acceleration clause for the first year), plus you can now deduct from this property (assuming its a multifamily) more effectively.