It has worked out and I've invested in different areas and aspects of the niche.

lolI do not think people on here are being negative just giving decades of experience.

I also found that being at "market" rents it takes longer to rent therefore missing out on a month or two of income negating the ROI on improvements.

Such a situation is recoverable if there is enough time for a market recovery and the cash flow is at least break-even (or there is enough reserve cash to cover negative cash flow until it can turn positive). 

i agree that a new purchase at 75% equity will typically not have significant cash flow and may even be negative when properly allocating for all expenses.Investing to max equity without reserves is risky and you indicate would result in stress.  

Holding LTR in san diego on a new purchase is challenging not to be large negative at high LTV.  

Due to my W2 employment I cant have any bad/negative personal debt.

While I haven't personally experienced any negative impacts from this fraudulent listing, I'm concerned that it could mislead potential renters and cause them financial distress.

Hi Don,I think I will only respond to you this one time because the use of negativity is not what this platform is for.

Moreover, the government has made it very clear that it wants to attract foreign investment and a measure like that would be totally counter-productive and downright dangerous and negative for the country and it's the economy.