Strategically, this allows me to reach my goal of being a landlord at 40 ahead of schedule. I can tolerate slight negative cash flow at the beginning years, with rent inflation giving me positive cash flow in future years. My zillow rent estimates is $1.2k above my mortgage, $700 above PITI+ HOA, so hopefully there is some cushion because I am not handy.
Hopefully, everything works out, less stressed about buying this time around.[/quote]
Congratulations. Are the rent estimates you mention i.e. $1.2k > mortgage on a per year basis?