There has been multiple mentions of how small the yard is, is the yard mostly shaded out by neighboring trees or houses or get full sun? 

Rates are now higher which will kill their cashflow and encourage them to cut their losses and sell.

Turn the space into a leisure common area with bbq area and fire pit and you likely won’t see much loss in rent or turnover time.

What about the losses in a deal?

Remember, even breaking even or taking a small loss is better than many first-time flippers experience, and it’s a great learning opportunity.

Other Sun Belt cities, including Raleigh, North Carolina; Jacksonville, Florida; Phoenix; and Atlanta, also posted rent losses ranging from 2.8% to 1.9%.

Unfortunately, due to an unforeseen event, me and my friend are no longer able to attend, but our loss could be your gain!

Haha,I was famous there once upon a time - https://9now.nine.com.au/the-block/i-doubled-my-money-on-aus...Negative gearing is buying a property where the rent doesn't cover your mortgage.You tally up the total monthly losses and let's say you where negative $30,000 for that year.You earn $100,000 from your salary that year.But you would only pay income tax on $70,000 as your property was negatively geared by $30,000 for that year.Make sense?

Question to this @Albert BuiUnder COB exclusion to bypass the 50% LTV restriction:- you have paid the mortgage for atleast 12 monthsWhat if you do a subject to and backpay 23 months of a loan that is currently in a loss mitigation status.

If you ultimately take the property the extra years of taxes that accrue can eat into your profits or even cause you to have a loss.