If truly 4300 dollars is making that much of a impact then you made a bad investment.

Your comments are making you look bad.  

Those doors and trim that look good enough to keep when you first walk through a property in bad shape will look pretty rough once everything else around them is new and/or freshly painted.  

Wow the situation with this freakin guy has gone from bad to worse .. he sure talks a big game on his videos , then dupes people into buying slums in a war zone .

Is this a bad idea?

Looking at this property in Riverside and here is my analysis. 8377 Cypress Av Riverside 92503Lets say I purchase 400,000 The actual rent on it right now is: 550 + 1100 + 750 = 2400Expenses (monthly)Repairs: 50Taxes 366Insurance: 100CapEX: 100Total Expenses: 616Loan20% down, 320000 loan30years @ 4.3% Mortgage: 1139Cashflow: 2400 - 1139 - 616 = 200 monthly Cashflow ROI: 2.61%Just looking for some feedback on this calculation, it looks like it isn't that great of a deal since ROI is only 2.6% but it does cashflow, so it can't be too bad. 

While taking the house itself I had mentioned to you that to get the carpet changed in the living room as its worn-out and when I took the house carpet and deodorization was in bad shape.

It's not a bad plan, but you should be able to buy one in a park for closer to 15-20.

Hello everyone,I'm starting out from Santa Barbara, CA, though I'm likely to move down to Los Angeles proper (bad news for cashflow investing!)

Not really that bad at all, unless the market tanks hardcore.