As long as you bleed purple and white you can't be all bad. 

Keep in mind initial cash flow is not the same as actual cash flow.Working class areas (avoiding any of the worse parts) include El Cajon, Spring Valley, Lemmon Grove, Escondido, Mira Mesa, parts of Vista, San Marcos, West Chula Vista, IB (away from the ocean), etc.Hip areas or higher class areas will bleed cash (high negative cash flow) at purchase (North Park, South Park, Gas Lamp, Marina, East Village, hillcrest, PB, OB, Del Mar, Coronado, La Jolla, Leucadia, Carlsbad, Poway, RB, etc.).  

Other than a (temporary) sense that you've "done something" to stop the bleeding. 

The core swells up. 

It's very satisfying to adjust a variable and quickly analyze the difference between current performance, projected performance after I stop the bleeding, and projected performance after I've given it my Midas touch.  

These are the people who hate confrontation and avoid it all costs, or having a "bleeding heart" (i.e. tend to believe all the stories that people tell them, thus feeling bad and want to help them). 

I think the demand would always be there but I don’t know if higher tenant turnover would bleed profits.

On January 1 this year my well dried up, and because I was not collecting rent and bleeding money (not to mention earning about half as much income as I am used to Stateside) we borrowed money from my mom to replace the well ($10,000).

Not a lot of easy answers, but keep working at it and don't be afraid to cut your losses if you think you need to stop the bleeding of cash. 

Dayton has been bleeding industry for years, population has been shrinking and the median income trending downward.