I've put $11,000 into it so far and it produces $1,150 per month.In essence, this is what I did.

But can it be done $13/h part time, 12k in the bank, a gifted property that produces net rental income of $700.

It used to be if you were w-2 and you had a side business many times lenders wouldn't know or consider the side business that might be producing a slight loss, but now they want tax returns on most borrowers and thus the side business comes in to play.

When I say it's a great rental property I mean that it's paid off a 15 year note in less than 12 years and always produced positive cash flow.

I know that may seem petty, but if that picture is the first impression someone has of you, they may well believe you're not very serious.To have a portfolio of rentals that produce a living income, you need, ultimately, one thing - CASH.

James Vermillion I'm interested in rehabs and building a portfolio of income producing properties.

How can we expect them to teach a life that they themselves do not live…Colleges do a wonderful job of producing employees.

I came up with a list of 6 properties that will produce what I consider adequate cash flow.

One of that is forwarded to me by a friend which seem to be produced by Florida Realtor Association based on the heading on it.

I have an investor friend who has expressed interest in investing in an income-producing property with me.I'm finding potential properties, but I'm not sure how to structure the deal.