For example, if the property you are buying is a development property, like a small house with a large lot in a developing area, then a small negative cash flow could be okay if you can carry it.

(No, I didn't develop this one, either).Guess what?

Making the next million is nice but doesn't motivate me to log long hours.

At my point in life everything I own is both a cash flow superstar and appreciating nicely, because I'm invested in growing, popular areas.If I was just starting off now, I'd probably be aiming for value-add in good areas where I could either live there while improving the unit(s) - ie a duplex, triplex - or where I could trade sweat equity for profit, or both.

They see it online, it’s nice inside, but the street it’s on is rough.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

It's so nice to have that safety net.

Turns out the developer didn't fix some underground pipe and it took years and lots of $$ for lawyer's fees to get things fixed. 

Met lots of nice folks too. 

The thing is huge and just sucks to have it sitting empty outside of me hanging out in there with a couple beers and a TV on nice days.