I'm sure you've seen a lot of investors on this site and others who bash us regularly because of their personal experience with bad managers (or people who claim to be managers) and I totally understand it.  

Bad news, if 5% is not included in your 25k then you have 84k gross - 4.2 vacancy - 25k Expenses - 50k Debt service = 4800/500k = 0.96% ROI.

I felt bad at first it would be hard for them until they said they wanted me to be responsible for allll the cost of our shared line after their poo filled our basement and the repairs and upkeep was on us.Now I don’t care.

My concern would be if I tried to make it look like a match and it didn't, it may look bad.

It is not a bad thing to have in your back pocket, but generally it is a short term financing tool.

I guess im just asking you all to justify a bad purchase if in fact it apprauses over value and I add a good bit of value to the house it would make sense when refinancing possibly trying to cash out. 

Looking for anyone else with a bad experience with Adair Homes in the Pacific Northwest? 

Wholesaling has become so popular lately, there are 22 bad/inexperienced ones for every 1 good one.

Good/bad tenant pool? 

The bad part is that your ability to deduct rental losses may be limited due to your successful retail business.