I ran the numbers, and if I can get 600-700 a room (is this realistic?)

Now that I know more, I ran the numbers through the calculator(vacancy, capX etc.) and found out I am -$150 cash flow/month.

That said, I ran a little experiment with charging a non-refundable fee instead of a security deposit, and I didn't get a single booking that paid it.  

I ran into the same issues about ten years ago, so don’t get discouraged.I will never forget the day when I was turned down for a refi on my primary residence from Wells Fargo. 

Most will never be as prolific as I’ve been, that’s just the way folks are.In ten years there was only one time I ran into one of the people I taught looking at the same project.Not a big concern :)

i'm certainly not an expert, but i ran thru something kinda similar and i'll tell you what my lender said. so i was living in a home, yet i was purchasing a new home. to afford the new home (which would be my primary after the fact) we had to refinance the current home. we planned on making it a rental. so anyway, our lender required us to live there for at least 30 days after close of the refinance to qualify as owner occupants. this wasn't too big a deal because they were doing the other mortgage as well, so on day 31 we closed for the other property. so i guess my point is, talk with you lender about it, don't lie to them, ask them what are the specifics to qualify. otherwise be careful because you've most likely signed paper or will be signing papers that would make you liable for fraud if you don't walk the line. good luck!

The crime is not ideal in this area but not at the point where my wife and kids have ever felt threatened walking down the streets at night but again, something that I will definitely look deeper into.As you mentioned this is the MLS listing and the numbers that I ran were for th asking price,   All of the valuable insight that you have affected really gives me the info needed to either walk away or make the appropriate bid on the property.Thank you sooooooo much for taking all of the time and effort that you put into this eval, I can’t begin to express how much it means to my wife and I.Thanks again,Tim

I ran into some issues from the City that I wasn't made aware of when I bought last December.

Here are the #'s, I ran through the BP calculator. 

I was doing my daily cruise through Craigslist when I ran across someone selling a duplex.