That can be a huge expense that eats a lot of the income.

Maintiance costs will eat up most if not all cash flow.

Unfortunately, one has to eat...

You can only eat an elephant one bite at a time.Let me know if you have any questions.Regards,Joe Scorese

If I pay my brother to help out on some painting, I eat the tax benefit and give him cash.

Anybody else deal with that and the people ended up eating crow when they saw your success?

Often I find the HOA fee can heavily eat into the returns, and makes vacancies more expensive. 

Private short term loans typically carry high interest rates that eat up any cash flow from rental units and often result in a negative cash flow7.

The appraisal/refi process where I am can eat into your 'cash out' by a couple thousand if you're not careful.

This tells me that submetering might drive all tenants out (almost all units on the rent roll are $25-125 below average rents, including the competition) and that even if I underprice the competition by $25-$40 or so, I'll likely loose to them (as the winter heating bill will easily eat that up.