If you look hard enough, and have been continually learning, you will see the solution to the problem is almost always in the problem...hidden in plain sight.3 - ...and this is the big one, don't hang around with negative people...only hang around with positive people. 

I want to try and find a position at a real estate private equity firm, but I’m open to any positions.

However, he was responsible for showing apartments, handling all repair issues, seeing that rents were paid on time, keeping the outside areas and hallways clean, etc..Because he was always "on call" 24/7 (and my mom was expected to help out with the cleaning) he was given the basement apartment to live in rent free in exchange for a small salary (which is why he managed three buildings; one would not generate enough income for the family).Perhaps your applicant doesn't want to live in one of the properties he manages.Gail

What would one recommend investing in a Major downtown, metropolitan area, like downtown LA or SD for generating positive cash flow?

As far as foreclosure - in my experience, most private lenders don't ever put themselves in a position where they'll have to foreclose to get their money back.

Hi @Jonathan Vandal,Cashflow positive rental properties help your debt to income ratio, they do not hurt it.

If this property were to be a positive cash flow I would greatly consider removing these tenants from the property.

@Tyler Resnick sounds like in your position it makes sense to do more rather then less when it comes to SOW sheets.

Because of what's going on here, we're having to work harder/smarter to create the strong buy/hold positions that we go after.

We picked up ours for 95 and currently rents for 800 so while we are positive we aren’t making a ton.