…but then I think about John, the American hero who spends long hours driving an ambulance to provide for his family and make alimony payments to his ex-wife.

Ex:1.

Is there deferred maintenance or any cap ex you intend on investing into the property?

For some, 200 gross cash flow - Rent minus monthly payment is enough for them for it to be a dealFor others then need to have 600/m in NET cash flow deducting 10% for management, 10% for cap ex, 10% for maintenance, 5% for vacany etc. 

The 1% rule is saying that it generates that in gross rents, that's without paying insurance, set-asides for cap ex, vacancies, etc right?

From my clients experience a single family will be about $150 cap/ex a month averaged over many years.

This guy was ex military police and seems to be an authoritarian who thinks everyone is under him because he thinks he's still a Sergeant.

Hey John, One thing that may help as you are not sure how to start this process is to search your city in the forums (ex: Denver or Austin) and find who are the most active posters/repliers in that market. 

I was completely overshadowed by my Ex who was a strong Type A personality.

Lower credit requirements (ex.