And if you consider the history(20 to 50 yrs or so) of census stats and the economic factors of places like palm springs, beaumont(my home town), victorville, or riverside before they had a huge housing demand you'll safely place your money is towns like DHS or barstow now and be rewarded in just a few years.

@Bob BowlingWhile I think it would be clear that presenting comprehensive calculations - with the clear indication that one figure is designed to be an apples-to-apples comparison to the numerous other numbers floating around in the market, while highlighting that the others are complete calculations including expenses that other companies don't even mention - is not the same as a bait and switch, you seem committed to your opinion and your use of the capslock key, so I'm not sure I could convince you otherwise no matter what I said. 

It has been very rewarding reading your responses.Thank you

Understand that there are a ton of details too numerous to explain in a post.

The market has been pretty slow, however I have had numerous requests to rent. 

I know, sometimes you have to take risks to reap the reward, but some of these people are taking huge risks, whether they're using an LLC  or not.

Looking forward to a rewarding future in real estate.

I didn't know if anyone could walk me through what I'm getting into and if the risk is worth the reward. 

It will only be a handful of units so we don't want to take on $10 worth of risk for $1 in reward.

Hi @Todd Moriarty,Loan servicers (Huntington Bank it appears, in this case) have a perverse incentive to make dropping PMI hard (or impossible) without a refinance, because they want a refi out of it (a shiny new product to sell on the secondary market for $$ as part of a MBS).Your GF can refinance to drop PMI if Huntington Bank will not simply allow her to drop it with an appraisal, but I'd suggest that you don't reward bad behavior: refinance with a different lender so HB doesn't make money out of this de facto forced refinance.