My dad and I got caught by that snag on our third flip years ago, and we definitely kicke ourselves for not doing a little extra research up front.

You don’t want the actual mortgage loan mixed up with loans to and from Partners.

reach out to me if you'd like details. 

It was more than a month which for me was horrendous. 

Though my last visit turned me off with the traffic and prices.

If interested, send me a DM.

@NA NA, for me that is an easy answer.

Please email me today and I'll honor a $100 off coupon good until midnight tonight.

As far s your questions goes,  I have had properties that were negative, and I sold them before they ate me up, but the vast majority were all newt positive CF. 

Quote from @Marc Zak: In the market where I live (San Diego), appreciation has been strong and many predict it will continue to appreciate in the long term.However, with current interest rates (6% at best) and property tax (2%), the annual cost burden is 8%.Am I correct in saying that appreciation has to be above 8% annually (plus whatever my maintenance and vacancy costs are) for me to make any money in this scenario if the property is cash flow neutral?