We ate the plumber bill for now ($116)  :-(  but will increase rent this summer and that will cover it in the long term.

You ate spot on.  

I also ate way too much ice cream, but no regrets!

Made minor improvements as tenants turned over but costly fixes ate up all expected cash flow.

If you're looking in your market I'd network with other investors ate meetups etc and see how they're finding them.

The guy that did mine said hes treated buildings that were absolutely ate up but the next building 4 feet away hasn't been touched.

Not really sure where your looking at your prices but from my research looks like 3beds ate down 6% and 4beds are up 1% from exactly a year ago so prices arnt on the rise yet maybe a small increase from a few months ago I find pricing in the winter months dips a bit as well but selection is quite low.

Then create your own pro-forma and this serves your case if it is a good deal or not.Study your market down to a tee.

I would take that deal anytime , are you sure there ate no repairs ?

Unfortunately, when they didn’t perform, it ate cash flow up quickly.