But knowing how BP feels about mentors, I'm just going to sit back and eat popcorn and watch this  thread blow up.

Extra person means eating up utility costs for shares utility and rent space for the landlord.

The debt service just eats the deal alive..

Little bit of work could eat up that 30k or combo that w/ zillow being too high.... 

Hi @Carlos Morales This is a 500 sq ft apartment with an eat in kitchen and a bedroom.

Life is too short to let these things eat at you. 

The first time I scheduled a meeting with the owner to discuss rental remodels and when I showed up for the meeting he across the street to eat and told the secretary to tell me to wait (on the phone).

I tell people "eat at the DQ" and they do so. 

Also, remember that these suspended losses can use against any other passive income, does not have to be related to this house.I know that you wanted to know if the suspended loss would eat you gain when you sold it, but it always better to plan in such a way to take the rental loss today and offset your ordinary income that is taxed at higher rate today than wanting to suspend the loss and later eat your capital gain from sale of the house.  

Yea you may eat some coats out of pocket initially since your rent won’t offset your costs but your tenants will be paying off your loan and you will be appreciating and you can write off a monthly loss as a tax deduction at the end of the year.