Many residents, who originally chose their neighborhoods for the mix of single family homes, quiet streets and parking availability, are finding that recent developments are negatively impacting the quality of their communities.Source(s):Reviving the City of Aspiration – Center for Urban Future (http://nycfuture.org/images_pdfs/pdfs/CityOfAspiration.pdf)City to Middle Class: Just Not That Into You (http://observer.com/2009/02/city-to-middle-class-just-not-that-into-you/)

Even at a substantial discount the property tax would eat you alive and result in negative cash flow.

You now have to pay your mortgage for the next 8 yrs which yields a negative cash flow during that time frame.My calculation is that you could take your 70K in cash from this investment and either repeat the process or find another investment.

What are the renting statistics in a town like rochester or syracuse?

Even though it's paid, it would still be on your report as a negative, if they found it at the courthouse

Between lot fees, operating expenses and financing/value of equity there is no possible way to show anything but negative cash flow.  

First, inflation negatively impacts real estate by increasing operating expenses, which ultimately effects net operating income and values.

Will rent be effected, positively or negatively?

View report*This link comes directly from our calculators, based on information input by the member who posted.help me out please, it seems like i am doing something wrong. every house i analyze is either negative or barely a 5-6% coc. ive heard Brandon say that if he finds an 11-15% coc then its a homerun but i feel like there's more 2-3% that i find lol. but some hard money lenders ive talked to tell me they want to see 15%. 

The deal im currently looking at is negative about 450 dollars per month and thatll include management and being conservative with costs on vacancy, repairs, and cap ex.