They are bad news.

Listen to that guy/gal in the mirror-good insights for me.

In can multiply returns but what everyone also fails to mention is it can also multiply losses.Now I am not opposed to debt but there is smart debt and bad debt. 

I guess there's "one bad apple" in the batch.  

Roof leaks just suck because water damage is generally "bad." 

It is never a bad thing to have multiple layers of protection.

Hmm okay that doesn't sound too bad Jim.It is in fact a full bath.

You would also have to be very strict about who you rent to, and make sure that they have sufficient income or resources to pay the rent, so you don't get stuck with a bad tenant situation. 

No repairs, no tenants, no property management.Not a bad way to get to early retirement.

Overall, grateful you took the time to respond to the little guys like me.I think that your evaluation of the cash flow perspective in your response is a good forecast of how I should be viewing this investment property, even as I use it as a house hack in (maybe) the first couple of years I decide to live there.