We aren't negative people; we are responding negatively to the barrage of cult-like reviews.

After two years of negative cash flow (mostly due to an expensive turnover), I decided to sell it.Guess what I did next?

Hey Ryan,Sorry to hear that you had a negative experience.Designated dual agency is very common in NC and in most cases allows both buyer and seller to receive the highest level of service with no conflict of interest even though they are being represented by the same Firm.

Will having that home on our credit negate us from being able to seek additional loans for other properties? 

This will make it harder to afford, harder to get lending, and ultimately limit the buyer pool which puts negative pressure on prices.  

It’s also possible to have a negative net worth, which means your liabilities are greater than your assets.Examples of assets that may be included in your net worth include:Business interests Cash and savings Investments Personal propertyReal estateRetirement savingsVehicles Examples of liabilities that may be included in your net worth include:Credit card debtMedical billsMortgagesPersonal loans Student loan debtVehicle paymentsNet worth is very easy to calculate: You add up all your assets and subtract your liabilities.The net worth formula is:Net worth = Total assets – total liabilitiesHow to Select a Net Worth TrackerYou can choose from several net worth trackers to help you monitor your financial position.

You won't see cash flow in your market, but the cost of the payments should be cheaper than $3,200/Mo and the negative cash flow will be money that's going back into your investment. 

Putting less down may subsequently put you in a break-even scenario or possibly even a negative cash flow.

Is this a net positive or negative for Memphis?

The inputs for the image in this screenshot are as follows:500k purchase price duplex.Rent each side for 2k/month (this is after you move out)5% down paymentClosing costs: 7k6.4% interest rateInsurance: $250/monthUtilities (paid by owner): $400/monthVacancy budgeting: 5% of monthly rentMaintenance budgeting: 8% of monthly rentCapEx budgeting: 7% of monthly rentEven though you are negative $312/month after budgeting for future expenses, your net worth ROI is massively positive.