Initially after management fees, repairs and PMI i was losing about $250 per month.

If you have a tenant that doesn't pay and you have to evict, you might lose 3 to 5 months of rent payments plus have make ready costs of 5k to 6k depending on what they do.   

It will cause you to lose money every single time.

I've closed loans after 90 days before.4) The Lending terms is not where you will win or lose Caleb and whoever else is out there wanting to start out and are a little tentative and nervous and unsure. 

If you can't close fast enough or has too much red tape, then you lose the deal to others.

How can I effectively address the concern of losing Airbnb reviews when convincing a potential client to switch from Evolve to my local property management company?

He said abusive Section 8 tennents can be reported and can even lose their Section 8 eligibility. 

Just saw it and came to share it.https://dailytrojan.com/2024/11/26/trojan-shelter-struggles-...

I also think you can get 6.5% interest these days so that should be closer 30k a year for P&I.I just don't see how you can lose money like that if your gross rents are 100k on a 500k purchase price and you're putting down 20%. 

I am very aware of the fact that it is overall a losing game, but I have to work on my psychology on this.