Just saying there are people on BP who can vouge for you as Melanie is typically very negative towards anyone in the syndication / raising money space. 

@Jordyn Ohsnot enough info to helpbut if you're using a HELOC for the down payment AND getting a loan, then you're probably negative cash flow given that's 100% leveragei would never do that unless i were going to refinance in the short term

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

This creates a negative initial position.

Not looking for either a positive or negative NET population change.All topics and issues even in REI, I believe in using both Push/Pull tactics.  

I wouldn't consider it a heavy negative unless the street is super tight and parking is hard to come by or if the street is very steep/busy.The more desirable dense city neighborhoods it's almost kind of expected and off street parking would be considered a luxury rather than a necessity.If you get out into the suburbs I would say it's more of a big deal since more rentals have off street parking or a garage there.

This would help you get going.You might be able to make these a  little nicer and force appreciation and a little higher rent.Either way rents will go up over time and the mortgage with remain constant.Maybe even make one unit a STR which could see higher income.I'd be ok with break even or a little bit negative on a Quad given you have 4 properties in one.If you're only breaking even you still have depreciation and other tax write off to help you out.I usually make people 3 offers.

Personal usage will negate the losses from the cost seg in the first year, so we suggest avoiding it.

I think this will correct itself over the next 3 - 5 years but it will make cashflow tight or negative until then.I have a great contact of a Realtor that works primarily with investors who has represented a few of my borrowers that I can share with you.

My bridge rate is 10% and results in a $1,500/month PITI payment.The negative cash flow stings but is worth it for the equity.