There a number of good references on this site.

This question came from the Bigger Pockets Facebook Group, and I thought it was a good one.“Does anyone know of a website or resource that reviews Real Estate Syndication sponsors or offerings? For crowdsource investm...

While you might not want to lose the tenant, it'll likely wake her up and rethink things

@Sue Duvall I suggest you go to a site for the residential assisted living academy in Phoenix.

Dependable routine maintenance is a part of this property with a full time team on site at the villa. 

Just like the BRRR that is talked about on this site.. shoot we were doing those 30 years ago.. we just called it cash out refi.. so you take someone who just brands it and folks think is some great idea that was just created..  

The quick answer is "yes" AND there are deal analyzers on BP's site.

That's before you pay any debt service.To answer your question: No, it's generally not a good idea to lose a bunch of money every month.

Basically, there went good 30YF financing, both for you (should you ever want to refinance) and for your pool of buyers (should you ever want to sell).A house that can't be institutionally financed with good 30yf rates is going to lose a LOT of resale value.

So I would have 23k stuck in the deal and would be losing close to $700/m before I deduct any expenses.