A "negative cash flow" investment (that you'd likely be getting downtown) does not necessarily mean "bad", and a "positive cash flow" does not necessarily mean "good".Each property needs to be looked at on its own merits (and compared to similar sales nearby).Many hundreds of threads here on BP only give the specifics for a particular property, but with no mention at all about what other surrounding similar properties sold for.But Arthur, you won't do that, right?

Check out the nearby members and network at https://www.biggerpockets.com/meet, it will help you a lot to find partners that can help you out in investing.  

Are you planning in buying in Newark or nearby in the near future?

Any Canadians investing in Toronto or nearby cities?

I got referral from a near by Paint store.

I received an application from a student who goes to school nearby the apartment.

@Ericka Grant,We had a similar situation, young girl LOVED the place, signed contract, paid deposit.. then the day after the lease started, she told us her dad did a search, and said there were too many sex offenders nearby, and she wouldn't move in because she was afraid now (she saw it twice in person, no concerns).    

I know you said without buying another property, but especially if you live near by what about considering a duplex so she could live in one side and have a tenant in the other side to defray her "rent" costs?

I’m now renting it out (and living in a nearby unit that I rent).

Our goal is to rent the back unit out for a couple years cutting our mortgage payment in half or so while we stockpile cash for our next deal.