That doesn't meant that you have to accept deals that don't cashflow. 

What he meant was buying a complex that was too small that it couldn't afford an onsite manager meant you're it. 

@Joe VilleneuveSorry for not articulating as well as I should, I meant I cash flow little bit while living there for free when I rent the other unit.

This is why I made it a point to define what I meant by what letter grade in that guide that Jill shared.

@Austen Mueller I meant to ask what areas you would suggest for good rental properties?

In the real estate context I might acquire the selling company rather than the actual property if it meant I got favorable tax treatment (e.g., by doing so I acquired carry-over losses that I could use), if it the company had substantial goodwill (meaning that the name/brand was well known and would benefit me, or if there was some other asset or assets that the company had that I wanted (imagine proprietary property management systems, lists of potential tenants, etc.).

sorry for the mistakes everyone, i meant to say i have no *debt and *variable income.

Don't Mention Interest Rate.There are three main types of home sellers who agree to seller financing:They can't stand the thought of money in the bank at 0.01%They want monthly cash flowThey want to defer capital gains (refer to installment sales in a previous issue)This technique is meant for group #2.

And in my view, having a Condo in a region with a new influx of businesses and residents meant I could expect price appreciation and rent growth.

I had started the process before making the offer and only moved forward when she said she had found an underwriter, which I thought meant I was in the clear, but it doesn't.