The house I bought was a special case and I went it expecting negative cash flow. 

I see so many trash deals from people who have never flipped a property and they have no concept of why it is even a trash deal.That doesn't mean you can't succeed without item #2.

The proposed zoning eliminates density as a concept from town zoning and replaces it with minimum lot sizes for various building types.

Interesting concept on the assumable mortgage front.

The market absorbed -19,000 square feet in Q1, indicating slightly negative demand.

You will overpay for property management for one property and when a furnace breaks or your plumbing line is shot you will be net negative for ten years.

Buyers are reading concepts on investing that we haven't seen in years or decades like in Rich Dad Poor Dad. 

@Dylan Speer sell it, come up with the negative money balance, write the loss of on your taxes and move on with your life.You can sell it "subject to" to someone looking for a home with no money down and save on Agent commissions?

I know there are tons of fees and permits to consider, but - in your opinion does this sound like a good concept?

Interest Only Loan - This allows you to avoid negative cashflow in your monthly budget.