I will try to attach my excel spreadsheet that I am setting up for normal property purchases. 

This is an excellent way to reduce or eliminate your housing costs and truly treat your home as an investment.

Steve, Excellent point for others.

Excellent work.

I put together an excel sheet once comparing a high cash flow deal VS a potential appreciation deal with little cash flow.Assuming you take a mortgage.Let's take a $150,000 property (A) appreciates at $10k a year with $2000 in cash flow.Versus a $75,000 property (B) that appreciates at $5k a year with $10,000 in cash flow.

& YES I would have a hard time parting with the 0.025% Interest on the escrow account.Last one did an excellent job until he walked away from $6,700 & all he had left was the following for the OP.Basic 3 wood 'contractor' rear steps, gutters & down spouts, audible alarm on grinder pump, 2nd coat on front door & pillars, wiring etc from panel to late a/c install.

I assure you that you will be more successful being EXCELLENT at 1 thing than being good at several.

Thanks for the excellent and thorough information, Jon Holdman and Dion DePaoli.

Those are all excellent ideas.

Don't be greedyYou're geting an excellent deal at $32,000.