Your first year, you're earning 3.6k on 40k invested (40k is your 20% down payment)If you bought  pure cash, you eliminate the monthly 850/M mortgage so you now cashflow roughly 1,150 (300+850). 

In one scene, MM states that the one thing he really fears is Pure Evil.

The bank will Joy allow you to do an assignment but you can do a double close/ simultaneous close.

While the farmer may know his neighbor, his decission to finance the deal could be purely subjective.

Cash flow is certainly one of them, and that will increase over time until the mortgage is paid off which would then be pure cash flow.However, one of the biggest benefits of owning rental property is the fact that your tenant is paying off the mortgage for you.

We also buy pure investments but our key strategy  is self management.

That is purely an opinion type question and I believe it is 100% wrong.

Hey Barry, The purpose of adding back the principal payments is that you are going from an analysis on a purely "cash flow" basis to a "Net Income" basis.

Pure and simple.

Maybe by focusing a good rehab company rather than a pure RE investor.