It's not net negative if you are living for less than you would pay for rent...and PS, you wouldn't be earning appreciation or any cash flow on that either.

Your path will likely get you to where you desire, it will just take a little time. 

I understand the policy is to email permitting for updates but after 13 months of permits, 19 months after I sent in $36,000,  I think I've earned another quick phone call.  

I use this for tax and insurance which all properties have)Expenses (general business like admin/legal and by unit for repairs, trash, utilities...)EBITDA (earnings before interest/taxes/depreciation/amortization.

Six weeks into their program, I earned just over $50K. 

While the property's location was desirable, it was evident that the house had been neglected for several years.

How can you make the business more profitable so you earn more?

If the former is your guest avatar, you really need to look at what others are doing in your area because if they include utilities with no cap and you don't, it will make your property much less desirable.

sorry for typos. speaking into the Android keyboard leaves a lot to be desired

From our experience, it is typically within a month of their desired move-in date.