Rental income carries the debt service 100% How did you find this deal and how did you negotiate it?

Hello Adam, The way I draft our contracts in Pennsylvania I include a clause that requires the tenants to carry $10k in personal property and $100k in liability.

Section 8 would tend to carry higher repair and as a result, additional vacancy.OP’s definition of cash flow is rent minus piti.  

At the very least she will be able to carry forward the losses for a very long time, helping her get into cash flow positive status much faster. 

My top locations for luxury Oregon Coast Real Estate Investment, estates and ranches are: - Brookings, Gold Beach and Bandon - One of the few stretches beyond Big Sur that you can actually drive along the Pacific Coast Highway at altitude.

Many experienced investors are willing to partner if you find the right property and do the legwork.3.Seller Financing & Creative Deals– Some sellers will carry the note, allowing you to buy with little or no money down.

Timelines, budgets, quality of finishes, they all need to go well for your exit and if your in bed with a GC that only cares about himself then all those things will not go right for you, but he'll still get his money.People really underestimate the following:1) The cash they need to close and carry the project2) How hard it is to have a GC stick to what they promise3) How long it may take to exit through a sale

.⚠️ Financing Challenges: Hard money loans carry high interest rates that nibble into the bottom line.Unrealistic timelines: If you think you're going to be in and out in 60 days, you're sadly mistaken-most flips take longer than expected.Real Talk: Is Fix and Flip Still Worth It?

However, the property’s cost basis (what they originally paid) carries over to you, meaning if you later sell, you may owe significant capital gains tax on appreciation.Alternatively, selling the property at fair market value eliminates gift tax concerns, but your in-laws may owe capital gains tax on any profit.

The carrying costs are low, but tenant was making partial payments by month 2.