Budgeting 5% of $1,000/mo for cap ex ain’t gonna cut it which is why these properties run negative even if they’re supposed to spin off $100/mo or whatever.

To see how much negative rapport can get built to then beg seller(s) to select you? 

The improvement aspect of real property (as opposed to the land) does depreciate.

Communication is critical and it is not always easy to explain or provide updates when one is underprepared, under-qualified or delivering negative news.

I do not have anything positive or negative to say about them. 

They never invest in oakland for example due to those location has highest crime rate in bay area.so expecting all market to work in parallels was bit inaccurate... my forecast never inaccurate since 2009 when I examine this aspect in more detail.

This makes more sense to us than relying strictly on  rigid yes or no criteria where any negative  disqualifies a candidate entirely.Some criteria is weighted more heavily and can overcome negatives. 

The general sentiment toward STR PM's seems to be a bit negative, but there are still a lot of management companies and for a good chunk of STR owners there seems to be a need for management services.

So I looked at some local markets like Sacramento where I'm from and familiar with the neighborhoods but the cashflow would be so negative that I'd be paying out of pocket every month.Now I'm more inclined to buy a single family in KC as it seems the rates won't drop anytime soon so would like to get in the investment game sooner than later and hope for a rate drop in few years to refinance.I have been looking on Zillow, and recently connected to an agent to run numbers and seems I could make about $100-$300 after mortgage payment and insurance.

A negative profit Lessons learned?