If every one is doing their due diligence and performing CC , the mortgage holder would be in deep trouble 

What I hate is a character limit on category names and sometimes the app does not update the info because there might be troubles connecting with other financing institutions.  

It is prohibited to allow your pet to produce waste on any lawn/turf area within the association.

I used Praedo to get my loan officer license and again had no trouble passing, but I haven't used their real estate courses.Once you have your license, if you only plan to use it to help family, friends, and do your own deals, remember there are brokers who charge nothing unless you have a closing.  

Two points: You need to talk to your company HR person and it matters if you want to do this legally or not.Most companies allow you to withdraw some % (50ish) out as a loan but you have to pay that back.You could claim "hardship" and withdraw it all with a 10% (I think) penality.You can withdraw it all, and if you are leaving the country, ignore the tax bill.. you will just have trouble coming back. ( like if your kids want to go to college here)Or you can just leave it and have it sit as an investment for the next 19.5 years and then pull it out.

If they really do produce enough Monthly Cash Flow and you really want them, then, make him an offer in writing, once you know what he owes to the Bank.

It was primarily financed by a 1031 exchange on a vacation property my parents owned that was producing negative cashflow (so they decided to reinvest).

I just ran some numbers through a couple different calculators (non-BP ones) and it seems that in order to produce a potentially positive cashflow (and even then with a pretty low CoC and Cap Rate) the sale price of the home would have to be closer to $470k w/ a 20-25% downpayment and all expenses would need to be on the minimal side.

I'm trying to research things online, but having a lot of trouble finding a lot of meaningful information.

Simply put, the 1% rule says if you can produce 1% of the purchase price of the home in rent then it is likely to cash flow* *This is a tool and not meant to be definitive.