And if they're smart they can maybe get a tax break for it, if they can show a loss on paper.

This doesn't mean you should be looking at markets such as Detroit and Memphis, because even though it looks good on paper, if they are shady neighborhoods, you are going to spend a considerable amount more on property preservation (broken windows, stolen HVACs, etc.).The easiest way to increase cash flow would be on your existing property.

My bank told me that their tellers have a piece of paper ready when someone comes in and wants a large amount of cash while on the phone with someone.

Its easy to map these things out on paper but hard to execute because its a hard business.

The short version: looks like it will cash flow on paper but in reality with repairs and potential tenant issues it won't, very affordable purchase prices (Indianapolis range is $120,000 to low $200,000 depending on the Class C area or distressed properties under $100,000, many times older homes with sewer line and foundation issues, stolen AC units (get a cage for the unit), Class C is volatile.

They look good on paper, but there are a lot of things that can go wrong.

this would be exceedingly rare to find any PML who puts their money out for 30 years.there are note investors of course that buy 30 year paper as in defaulted notes but they are paying a very big discount to get them.

Take a project--maybe one you don't even own yet--get pricing on a piece of paper/or text. 

He's been providing paper reports but next year they have requested that he export these into spread sheets.

You will be showing a paper loss on your rentals so you want be paying any taxes off them.