My negative view is because wile the legal safe guards are important the only real asset here are the contracts and you need to evaluate them as well as the ability to perform.

Lastly, putting money down on your own deal shouldn't be regarded as a negative, at least not initially while you are growing.

For example:purchase price: 100kDP: 20K (entirely from 401k loan)Loan Amt: 80K401k loan: 30Kcontingency REI acct: 10K (balance left after DP)rental income: $1,100P&I: $360401k repayment $546= nil to slightly negative cash flow during the repayment of the 401k loan (I assume I can repay this much sooner than the term since essentially rental income would be it down.)Is it possible to "season" the 401k loan funds so that disclosure is avoided.

Too many people get that last part wrong.Go get what you want and make no room for negative people in your life.Good luck!

When it comes to crime statistics and area ratings, My #1 go-to is https://www.niche.com/places-t...I really like Niche because it not only gives a general area rating, but school ratings, crime, housing, diversity, and nightlight.

Because of the layout of the existing walls, and the routing of existing plumbing, ducts & electric, I knew it would be a fairly simple and inexpensive operation (again--I only knew this because I visited the property)...after the work was done, it transformed the place from a negative cashflow property (that mostly only appealed to college kids) into a cashflow positive property that appeals to couples, couples with a child, well-off single people, and pairs of housemates.The "physical assessment" and the ability to see the potential of a property is a skill that can't be easily learned via books, youtube videos, etc.

Sorry for your loss ,But lots of people spend their own money and end up with negative cash flow .

Log into your account, click on "cost basis"  if it's negative, you can sell everything at a loss today & you should have no tax consequence.  

This number (of years) may change if/when I put more cash into the deal after the DP, like negative CF, repairs (paid out of pocket), etc...3 - Equity at start to double equity at start. 

As for ROI, after the monthly demand charges (in the $1,940 / MW range) and high (6-figure) equipment investment costs, expect a negative ROI.My 2 cents.