If you don't do the homework, you will give them the impression you may not be up to doing the homework with real estate investing.

RE is just math!

I mean maybe if its fixed up it could add some value but it seems to be negative. but My math could be wrong I'm still new to this haha. what would you do in this situation? 

Set this up by doing the math and getting the right loan so that your place nearly breaks even after a capital expenditure account is paid (for those big ticket items). 

RE is nothing but math, do the math and see which worksGood luck 

Please keep it all in perspective and do your homework.

Rather than taking out some boot from your sale to pay off debt, you could take a detailed look at your financing math after buying a new property and then strategically refinance to replace expensive debt with cheaper debt, but this is not very easy in today's rate environment. 

Cannot argue with the math. 

I've done the math and if I go into a property with a 4% cap keeping the same equity/debt ratio, I think I can cashflow pretty well.My question is:  is this advisable? 

My quick math is about -200/month with 20% down and $1800 rent.