It is unreasonable to think that you will have positive cash flow if you are borrowing 80 percent.  

All three properties have positive cash flow - not a lot, but I am not losing money.  

Its a risky expensive job.Obviously this is one market but the trend is not positive.

You can still find 1% and positive cash flowing deals here plus lots of appreciation potential.

Finding a good position in the market comes from understanding how to navigate the current phases of the market and how to successfully perform during the current phases!

That tells me that the lenders have a very positive outlook for first time home buyers.

There are many nuances to the liens on properties and in some instances you could be buying a note in a second position that actually doesn't give you the right to own the property above the first position.

Sometimes it’s the smartest move to gain liquidity and to secure your position with your remaining properties.

There are so many C+ changing to B and beyond neighborhoods now in the city where a $130 - $150k price point will get you a +positive cash flowing SFH with growing equity in a city that is in a having a rebirth. 

Yes it was , I have had this loan for 7 years now, they are growing the company from one into a RIET of 4 different businesses and the goal is going public once the company is in the right position.