If I were your parents, I wouldn't love the idea of you usuing my home to subsidize the bleeding of your bank account, but maybe your parents are cooler than I am!

Because concrete is really porous it's very difficult to get everything out of it once it's in - usually you're only breaking down things right at the surface and they tend to bleed back through capillary action (moisture moving through the concrete).

Bleeding money that a pro wouldn’t is just going to happen.

The homeless man sleeping on my bleeding hearts 4 days ago was really the final straw.

You're going to bleed cash before you make a dime in booking revenue.

Ironically, the bleeding hearts attacked me as cruel and mean when what I was saying is it will be cruel and mean ultimately to these very people.. 

The low appreciation (<2% since year 2000) is magnified when leveraged but the real numbers on your reference property bleeds cash each month.  

Not to mention their bleeding populations.

With your primary residence, however, that will matter with most programs (there are a handful of programs that might work to bleed equity out of a primary residence, but they are more pricey than conventional financing).  

.: Why would you throw another $800k into a market that you're bleeding money in?