I’m going through a REFI now and the bank is asking for everything except my recent COVID test (negative).If you are still reading, thanks for not getting distracted and pressing through!

I would like advice on our only property that currently negative cash flows 450 dollars per month.

I'm in a Hot Market with high prices where Cash Flowing properties are rare (Montreal, Canada)Would you be willing to take a deal with negative cash flow for the first 5 years (2-5K $ per year) if it offers:Appreciation potentialEquity accumulation ( Around 250K over 5 year)And tax benefits + deduction (Around 60K / year between operating expenses, loan interest and depreciation) ? 

So you need 2 years taxes for a lot of lenders to negate a rental property.

My goal is to diversify my credit while still keeping it above 750.Question 4: Does the benefits of using points for rehab materials on a Lowe's/ Home Depot credit card outweigh the negatives of a store credit card (high interest, etc...)?

In Bay Area, in normal days, 3b2b is about 4500 dollars per month, which still leaves us a big negative cash flow.Originally posted by @Varun Talluri:Is renting out the 3 beds and having tenets instead of Airbnb not an option?

I don't think your'e in a position to help these people avoid the negative results of their lack of diligence at this time, unless you want to pay them all money to just move out without an eviction. 

I'm just surprised there is so much negativity on BP about it.

There are a few other negatives about FHA that you're not considering:Lots of extra paperwork with a FHA loan.Contractors must be approved by HUD to do the work, so that limits who you can hire.

I know the term short sale has always had a negative connotation in my experience so I was just wondering if everyone would like to share there knowledge of them and what to pay attention too.