A negative profit Lessons learned?

Just remember: most negative reviews are written by problematic tenants.

There are also other platforms that have had some significant negative things spoken about them.Peer Street is the larger of the two and has more volume, but the top deals are still snapped up really quickly.

:) I think the most important aspect of OOS investing is building a reliable and trusted team in the area.

You might be making limited "cashflow" but the depreciation is making you look negative --- that's normal.Just make sure you have enough income to offset. 

Since then we have moved out of the area and been renting it out for the past few years.We are slightly negative on cashflow, about $100 a month or so when you account for a 3rd party property management service and expected repairs etc.Our challenge here is the home is old.

The way I see it, a brand spanking new duplex wouldn't be the smartest deal because of the high purchase price and you'd likely not cash flow, if not be in the negative.

I'm not negative on these areas.

Hey Tadiwa, happy to help on the cash flow & lending aspect!

@Katie Southard   Just a thought many mailboxes aren't locked so the liability aspect if the key is not marked is likely slim to none.