Is it bad if rental property isn't generating any positive cash flow monthly?

What i want to do will generate about $4,500/month with $180k all in.

We're going to generate leads via direct mail and cold calling.

Could the dad transfer the property into a trust, naming you as a trustee, and a beneficiary. the income generated is property of the trust, the expenses are reported from the trust, you'd basically be the manager and he'd be the owner, as trustee you can make decisions,(you'd have a power of attorney)   but he'd still be the primary grantor/ owner of the trust, your compensation for management is paid to you from the trust.

I have clients on their third generation of real estate wealth legacy with no tax thanks to 1031 exchanges and some smart estate planning. 

If you sold the homes in your park and moved them out, how would you generate continuing income for the park you have bought?

Easiest way to get in to real estate and generate  some capitol and some great connections. 

But then the broker usually provides an office building, and all the expenses that goes with that and often spends a lot of marketing the brand to generate leads.

Brian Dalton those are a lot of great points, but i do want to focus on commercial multi family apartments that generate that residual income. starting off small at first then build my portfolio to bigger deals. but thats kind if where my head is. if any light to share or opinions on this please feel free to let ne know. thank you for your time

Source: www.consumer.ftc.govSo the problem you will face if you don't get a report that was generated by one of the bureaus is that your adverse action letter will not be able to comply - and thus the applicant will be unable to dispute the derogatory information that led to the adverse action.So, use a service that is intended to be used for tenant screening.