Thanks for your reply.  207k is the bottom line price.  

mid west rentals from turn key companies that work the top end of the market are doing quite well. its these bottom barrel outfits with low end rentals that continue to cause investors financial harm

So my bottom line for you?  

Try to understand that we may be at the top of the real estate Cycle not the bottom.

I would live in the bottom floor, so that's why there is a negative cashflow. 

The attorney's name is near the top and the representative's name and address is listed at the bottom of the General Information page.

Best of luck to you and may your bottom line always be above the water line :)

While that time runs, the agent has the right to market and promote the property.If you notice, that agreement had a notation at the bottom of the CA BRE form number.Now look on the cancellation agreement - - does it look similar but with a different form number? 

Fluctuation, zoning, REzoning, demand, topographical data, etc...To give you simple examples as to how big of a spread between one deed transfer and the next; I have seen land that was bought for 1.25M only to be resold for 80K, a multiparcel that previous owner bought for 500K resold for 5K, etc...Bottom line, in REI land is by far the most rewarding yet the most devastating of investments; and, since you're new to real estate, I think it's best to read about it and do extensive research first and foremost.

I could go on with excuses about working full-time and going to school full time, but the bottom line is I didn't make the cut so I switched majors.