http://www.nytimes.com/2013/11/17/magazine/mayor-e...At the same time, because he is an elected official, that apparently is sufficient for 'housing activists' to show up at the Mayor's personal residence and protest for his lack of empathy for evictions:http://sfist.com/2014/10/18/grab_the_popcorn_evict...Yes, everyone read that right.   

Really starts eating away at potential cash flow.I have an ongoing diary of the deal I am doing right now below.

Personally, I use energy and eat so the inflation I experience at the gas station and the grocery store is much higher than the “official” number.

I need to replace the fascia and gutters which will cost me over a grand. things like that will start to eat up reserves.Buying up property quickly may seem like a great move but unless you really are prepared for the possibilities it may be a hard lesson.

The fee's eat into your profit almost to the point where you could have bought a more expense house and have the same cash flow.

That sounds like a lot, but one fire, roof replacement need due to water leak, etc could easily eat that away.  

So I end up eating the cost of Appraisal, bank costs and title examination of about $650. 

Resign yourself to the fact that taxes are going to eat up a piece of your income, look for all the legal ways to deduct your expenses and depreciation and of course Vote so that you can hopefully help get policies in place you support.

It does me not help except to eat through my cash-flow :)

The first option is so paperwork for existing tenants is kept to a minimum and processed quickly, the second is so landlords don't just eat a few months of lower rents and then jack up rates to take advantage of the tenant not having money to move, and placing the family well above the 40% of income on housing cap the PHA uses at move-in.