This challenge is nation wide.However, the initial cash flow was never good in San Diego.  

Seems like he cannot differentiate btwn regular wear and tear and intentional damage/ Paint requirements: Interior walls, ceilings and other exposed surfaces in rental units must be kept smooth, clean, free of flaking, loose or peeling paint, plaster or paper and maintained in a sanitary condition.

They can’t review the “hot” deal their broker just sent them because they’re too busy categorizing emails in color coded category’; they can’t attend the on line networking session because they need to switch over to a more detailed CRM system; they can’t visit the property going up for auction because their scheduled weekly garage cleaning is running overtime…..The Educator – This person never feels they have enough knowledge, experience or education to properly evaluate an investment.

Higher price and higher interest rate to the buyer.It turns out to be a nice cash flow situation for 10 years or more.Getting 60k down payment is super duper.

It was cash flowing until now when I have to re-finance at higher rate.

Yes there are options upto 80% cashout with no seasoning as long as it is rented and cash flowing even or better . no income no doc .

Other things he did.1) did not put a spacer between cabinets, so if I fix that the granite countertop slab gets tossed because the measurments changed and it will be shorter than the cabinets.2) He tried removing a rusted shut 70 year old clean-out drain cap, and caused it to pop off (under pressure) and flood under the cabinets.

The market seems somewhat saturated with vacation rentals, however I have heard that people are still seeing substantial cash flow from properties there (and it seems that most properties I've looked at on VRBO are pretty much booked up!).

Our goal ultimately is to create cash flow within 10 years of 6k-10k ideally and also be able to buy our personal home in Texas that will be our forever home once we relocated there in 6 years.

@Tom Gimer someone retired, cleaned out their desk and turned in the stack on bills they were working on... lol