Looking for success stories or other experiences , positive or negative, range of costs, etc.

But I also didn’t have all the negative Nancys (sorry Nancys of the world) saying it was too risky too late or couldn’t be done.

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.

My underwriting would have this large negative cash flow for 7 years.I would do a thorough underwriting but want to show using quick math the issue so I will use the 50% rule.  

When I do it at 20% down, I can only find negative cashflow, so I could be looking in the wrong spot, or I need to put more down, or I am missing something all together.I have read that making a 8% return or higher is what to look for, and I can find break even.

We see threads all the time about people losing money and how after they add expenses and vacancies, etc. how they go in the negative.

Nothing negative to report. 

I havent had a chance to read through all of the negative comments, but I can tell you that it really helps in getting higher occupancy rates. 

As a couple others said emergency would negate the $500 threshold but they should contact you to notify when it happens.

Now his original property is less cash flow, and is his 2nd is likely negative $500/mo.