But same theory give them a second chance and many times I was negative cash flow I would rent for less than their mortgage to get them going again.. did well over hundred of those and I can count on one hand how many actually were able to totally cure and buy the home back.. 90% of them defaulted in the first 18 months..

.● Part of the patio on the east side of the garage has a negative slope.

But yes, your retirement benefits may be negatively affected when you play the S-corp game.

I’m likely staring at negative cash flow net of that high rate, or at best breakeven.

Those buying close to the city are either breaking even or taking negative cashflow and banking on appreciation (or buying all cash and parking money, ha).If you do consider Lowell, I'd also recommend you check out the Fitchburg/Leominster area as well.

You might be referring to income / expenses that are reflected by cash.Cash you receive from rentsExpenses that you pay out such as insurance, interest, taxes, etc.You may not have included depreciation expense which would bring your taxable income down further.It may be possible that the negative taxable income would bring your taxable income down.

If you're negative and looking at potential deferred maintenance I'd sale it and enjoy the memories. 

I don't mean to be negative, but would like to be realistic.

Any insights from your experience, whether positive or negative, would be greatly appreciated.The attached link explains the current situation with the Detroit Housing Commission (DHC), highlighting that they are severely understaffed and have limited communication with both tenants and landlords.

I am just researching, and the more "negative" stuff I found about it the more I am inclined not to make an offer on it.