I had to short sell my house in San Jose in 2008 and swore I would never put myself in a situation bleeding out that much without rental income again.

On the other, you can't bleed a stone.  

Uh oh, the foundation is swelling, there is a good chance there is a under slab leak, that's another 5k gone.

Gotta love when deal 1 is in the nose bleed seats, way up there. 

I'd always look to that guy's calendar when I was freaking out and bleeding cash. 

But, I think it is unwise to "bleed" money every month on a deal.

Never let bleeding hearts prevent you from doing what is right for your business.

An experienced attorney, financial expert that won't bleed you dry or even better a non-profit organization.

Unless you have a LONG history with the agent and you trust them with your life, don't base your financial models on your agent's rent estimates (and even if you do trust this agent with your life, still don't base your models on their rent estimates).Do your own market analyses to get an idea of rents, and then assume that you'll charge 5-10% less than the market (which, you'll often find yourself doing in order to get a tenant placed to stop the bleeding--especially when you're new and running on thin margins).I've been working with my agent for many years, and I completely trust him on all things real estate.

.), and Debt-Collection/Evictions (How to Bleed a Rock.)