My question is this....when you hear someone talking about their monthly cashflow requirements...are they talking about with financing or paid with cash?

I am currently putting a fully paid property up for rent.  

I previously had it rented put to someone I knew, but he moved out so now I am listing it online on Zillow, Trulia, Hotpads and Craigslist.

Most banks will not exercise this right if the payments are made current and continue to be paid on time.

As of  Jan 1st 2019 I have raised the rent for both of the 1 bedrooms from $625/month to $685 One of the tenants did balk but they paid it because that is still under value by about $50-60 The garage rent has been raised to $140 from $100 The renter of the garage made no issue of the rent increase.

I have around 10K in equity paid so far.

You will most likely be credited for what you paid in one state on the other state's tax return.  

I have been reading loads of books (my all time favorite is Crushing It in Apartments and Commercial Real Estate), listening to podcasts (favorite is obviously Bigger Pockets, also Jake & Gino’s Wheelbarrow Profits), and reading a lot on the forums.I currently run my own personal training/online training business.

Taxes are paid in the same year, not in arrears, so you'll need more money at closing to cover what the sellers have already paid.- 1% transfer fee when buying property paid for by the buyer.- Inheritance tax. 

Those that have housing would not be able to do it as it would be additional income making a paperwork nightmare when the renter paid late or early.