Quote from @Andy Bodrog: Thanks a lot for the replies @Chris Mason and @Gregory SchwartzOur lender said we can do a bridge loan but its around 11%.. id bring in 20% downpayment max, dont want to put too much personal assets into it and the issue is for yr1 w low rents and renovations its def a monthly -3-4k loss. def want an 8% or lower rateNot sure if lenders are ok with an initial cashflow loss, once its renovated we can have market rents and its a great deal after. it listed at 1.495M and we'd offer 1.2-1.25M. i understand the living in part doesnt necessarily bide well with investment focus, but for us thats a big appeal that its in a nice area to even live in If all you are looking at is 5% annual rent increases, that's not actually enough to get that 11% bridge lender on board.

Regarding events, we do mention our annual live event, which is optional and priced at $249/ticket.

Is he holding rent due to maintenance issues? 

He just helped my Doctor customer close on a Vacation home $1.2M home raking in over $125K in annual ROI.He is a Bigger Pockets member as well @AJ Wong

And of course, most homes have HOA's (homeowners associations) that can be $20-$250/month to pay for community maintenance, sometimes lawn care, cable/internet, amenity upkeep, pool, security etc. 

All the tenants have been easy and low maintenance so far.

We have more maintenance requests but usually for smaller items.

I typically like to use a solid surface over formica more for maintenance and longevity.

Successful investors focus on potential appreciation, low-maintenance properties, and networking with agents and lenders.

of course all of those things help cash flow but is it realistic will it work.also your more than 300 negative as you have no money for maintenance or cap ex.the easiest way is to reduce debt. or if you think there is really good upside just pay the negative its just a small number who cares .