An unexpected problem just eats up your free cash for the month.

I figured a condo would be easier, because although the condo association dues would eat some of the return, I wouldn't be exposed to as many repair variables.But it's very interesting thinking of using some financing.  

That payment would of course eat into cash flow, and that's what my concern would be.

However, all of the conventional loans require 20-25% down which will eat up a lot of my capital.  

When you are doing your first deal if you have time or cost over runs they can eat the deal up. 

You could be exposing yourself to anything from drug-resistant disease microbes - including, possibly, "flesh eating" bacteria - to black mold to potentially lethal allergens.Is your health worth so little to you? 

The rise of Foreign Auto eating into the Domestic Auto Markets was a sure sign, all you had to do was look at the stocks of each of the big 3.

He may have bought a Deal property and fixed it up to Sell, but, now the carrying charges are eating away at that Profit.

Most heloc's are set up that way and many find them selves in trouble when economy changes.I would NOT do this to buy rental property unless you were buying some of those super cheap homes in the NE  say 20-k all in that rent for 800.. and your right there to watch them like a hawk. maintenance and cap ex will eat up your money quicker than you relalize I would only do this kind of capital for quick flips in and out profit each deal.  

(do I come straight from work, or eat beforehand?)