@Abhishek Singhal  - Can't bleed water from a stone. 

Can I expect to get good, high income tenants bleeding over from northside/hights?

If it's bleeding cash, you'll end up taking on somebody else's debt - and you had better have a way to turn it profitable before your cash reserves run out.You should get 3 years of bank statements, P&Ls, balance sheets, tax returns, sales records and purchase orders. 

When you purchase a house the expenses bleed you non-stop and the stress kills your desire and ability to invest well.

See where you are bleeding in your budget.

The only way it gets better is if you suspect your going to have a bunch of equity and the house prices shoots up but I still wouldn’t bleed every month banking on that, if you put 56k of your money into it for the 20% pretty darn impressive you had that but moving foward partner with someone or find an area with better numbers best of luck

How do you still have a positive cash flow on your rental property after refinancing, doesn't the mortgage go way up so that you're bleeding money every month to keep the property?

Just as we start full rent, I am finding out that the business is bleeding cash. 

Laminate can "swell up" if you leave the water on for any length of time. 

Holding onto it might not be best either as it could be bleeding you money.Of course this is assuming that something went wrong, so maybe this could all be avoided.Either way what would you do?