. $10,000, but cuts the premiums from $1200 annually to $300, it may well be worth it to go cheap on insurance and make up the difference in CapEx.

It's just the way to go unless you have beach front property.

I really think believe large multifamily is a great direction to go in right now, primarily due to the economies of scale.

Your landing page has to capture the attention and create the desire to cough up a name and email address (or whatever info you're collecting). 

Best case you're only making ~$18k and only a couple of things have to go wrong for this to go underwater.

@Daniel Day if the property will be an investment property then you will need to go conventional. 

If they don't want to go through that process, it can be a waste of time for everyone.

Inspection is the safest way to go, especially when it is only a few hundred bucks on a $100k+ investment.What do you mean the property manager is being shady?

It absolutely has to go through a partnership or corporation.

Now with time and rent growth, what could be a negative cash flow property might very well become a cash flow king, but that takes patience.Another way to increase cash flow would be renting out rooms in the unit you live in, either Airbnb or longer term.Something that would be advantageous for you to do would be to go talk to a loan officer and ask them questions; it's free to do.