It's also a turn off that class B offices with only 2-3 tenants easily cash flow negative with the loss of one tenant.

There are little or no rents being collected, so factoring in the costs makes for negative cash flow.

Here's the problem: The home is out of my price range currently and turns a negative buy and hold cashflow according to the rental property calculator (due to high taxes, low down payment and estimated mortgage payment).

Google searches are not that helpful in providing accurate reviews and most of those look negative .. so hopefully if someone's currently using a mgmt company it will be better to get first hand info :)

If you wish you may stipulate a occasional visit by a handyman to assess the condition/perform landscaping/ appliance maintenance, and note any noticeable negative changes to the condition, to make sure the property is kept.

We still get some infiltrators who insist on being negative about wholesaling from time to time.

Rents are around $1,300 right now and with the cost of my mortgage and condo fees, I would be negative.

I know folks who had lots of properties which were negative on cash flow in 2009 because they falsely believed that the rents will come in no matter what.  

This includes the rates/levies and any maintenance over the long term).E.g. 2Property price: R1,500,000 (1-2 bed in a more upmarket area )Down payment: 10% (R150,000)Mortgage repayments: +-R12,300Lease/Rent expectations: +-R10,500Monthly expenses: +- R5000I'd be net negative cash-flow in both cases.Perhaps my monthly expenses estimate is inaccurate?

"Statistically, 61.3% of statistics are wrong"!