Quote from @Ven Bud: After hearing to lot of bp episodes on negative cash flow, I have a question.I am currently living in my primary residence and planning to purchase an investment property, and obviously it is going to be a negative cashflow (bay area), but I am of the opinion that as long as the rent on the investment property is atleast going to be greater than my current primary residence mortgage it can still considered as positive cash flow investment.The investment property is going to be in a much better location (for office commute, bay area proximity) than my primary residence.

I live in DFW now but grew up in Abilene and do a lot of business there. 

He also doesn't want to leave living with my sister and her kids either, but really can't afford to pay more than the $150/month that he's barely able to pay now.Both my sister and her father-in-law are very low income earners, and the house they live in is too much for her to pay for on her own.

I live in Elkhart, IN. 

Quote from @Jamie Lynge: I am a Medicare insurance agent living in NW Arkansas.

Kudos to you for doing something to create a secondary income stream. there are 5 income streams in RE rentals, possibly six if you do things a certain way.The reality here is your model (buy box) is suffering from too high an entry and too high a cost of capital.

But I live abroad.

Living for free!

I live in the Denver, CO metro area and have become very interested in REI through house hacking my first home purchase last summer in the Littleton area.

We currently own the house we live in and would rent it out upon moving into his house.