When I ran the numbers for both units filed with tenants the profit cashed flowed great, but with me living in the property it didn’t cash flow: not by much.

Hi Jeffrey,About 6 months ago I ran into the same scenario.

I ran a direct mail campaign using a personal letter I had created that I had sent to most small multi-family property owners in the surrounding towns.

The ROI is 22% when i ran the numbers.

I ran into the issue of my credit score being so bad I can’t refinance. 

Luckily I rescued her from that culture 20 years ago, first living in the Midwest and then Vegas.

I thought I was doing good with about a 340$ surplus monthly after expenses, however recently I ran those numbers taking into account 130$/month for vacancies and then 10% (185$) for repairs and now it’s only cash flowing 30.00$.

Tenants must take care of everything, this is the culture and community way.

I ran into a lawsuit over a tenant that wouldn’t vacate.  

The past few weeks have been a proverbial roller coaster; financially, culturally, economically, and financially.